BUSINESSWORLD www.businessworld.in SUBSCRIBER'S COPY NOT FOR RESALE | RNINO.39847/811 26 MARCH 2022 MOST INFLUENTIAL WOMEN Seventy-five B leaders who ) are defining india@75 from L-R) SUCHITRAELLA, Co-founder Jt MD, Bharat Biotech Int'l, HINA NAGARAJAN, EA ) Diageo India, | PRATIVA MOHAPATRA, MD, Adobe India IZSN 0970819-7 MOST INFLUENTIAL WOMEN Cell Wo India' iSnoc ShOWL e . it e i e e eee independence. There are countless others who are achieving milestones after milestones Cover design by DINESH S. BANDUNI ] hl ESSAY ncluslon A Long Road Ahead The world today is much fairerthan before. We believe we are inclusive and value equality. But the truth of the matter isthat theres still along way to go By Jyotsna Sharma & henone thinks of Indira Gandhi, Saro jini Naidu, or Meena Kumari, there's a sense of pride. That is because they managed to succeed despite the restrictive social and cultural norms of their time. Women have dealt withinequality and have been atthe receiving end of discrimination for centuries. That is why a woman achiever is always areason to cheer. Gender equality and ending discrimination against women is part of the 2030 agenda for Sustainable Development laid down by the United Nations. Yes, we are talking inclusion now more than ever. Individuals and organisations are ready to discuss equality at home, in the office for promotions and pay packages. Over the years, the dian psyche has also changed. We 30 | BW BUSINESSWORLD | 26 March 2022 Photographsby Anefo, SMSri LataRomdas.Imagex, India P Mehboob Production, Bomba MOST INFLUENTIAL WOMEN Over the years, the Indian psyche has also changed. We celebrate women, encourage them, we make way for them. The Dev is worshipped at home too. But this does not mean there are nO challenges; last year s WEF Global Gender Gap Report saw India slip to rank J40 among 153 countries celebrate women, encourage them, we make way for them. The Dev is worshipped at home too. But this does not mean there are no challenges; last year's World Economic Forum (WEF) Global Gender Gap Report saw India slipto rank 140 among 153 countries. Poor ranking across metrics such as economic participation and opportunity, education, and health are reasons for the overall low ranking. GETTING THERE India still has pockets where a mindset changeis required, which will come with education. As per recent dataputout by the National Statistical Office (NSO), the literacy rate in India (2021)is approximately 77 per cent, with over 80 per cent for men and over 70 per cent for women. As these figures rise, we will see more support for women. Health and nutrition for women is another area of focus. The government's anganwadi system and initiatives such as Poshan 2.0, Mission Shakti, Mission Vatsalya are helping here but more needs to be done. When looking at support for women, an essential aspect we must address is mentorship. The corporate sector has embraced the concept in a big way, but we must go beyond it. Our focus should be on those pockets of India where women lack access to basic amenities. A mentorship programme on a national scale will be beneficial, where top leaders guide and support those who want to progress, personally or professionally. Support from the private sector, including educational institutions and top corporates, will help drive the initiative. Areportby UNESCO on gender equality and masculinityin Indiahighlights the need for the engagement of men and boysin attaining gender equality. When men become stakeholders of gender equality, the change will be faster and longer-lasting. In addition to all these factors, we must curb violence against women, as itremains amenace and a hurdle to all the progressive work done across other fronts. We need to work across all these areas together to make progress. A recentreport by BofA Securities indicates that gender equality globally would increase the world GDP to $28 trillion by 2025. Of course, the need for gender equality is not to increase the GDP alone. Itis essential for progress, and apeaceful, sustainable world. AREASONTO CHEER Our annual feature on the Most Influential Women (MIW) is acelebration of some of the mostinspiring women in recent years. This list of achievers was arrived upon through a rigorous editorial process. And, after a fair amount of debate and discussion. We must admit that India(@ 75 is progressive and inclusive. Today, you do not need to look far to find an inspirational woman in modern-day India. For instance, the new Securities and Exchange Board of India (Sebi) chairperson, Madhabi Puri Buch, or Shivangi Singh, the Indian fighter pilot. These ladies and several others like them are achieving one milestone after another. Yes, the mindset is changing, and we are offering more support to our womenfolk and cheering them for being independent thinkers and doers. We certainly need to do more, and that change is happening even as you read this article someone, somewhere is making way for another future power-woman. As you go through our list of MIW 2022, you will find that they have a couple of things in common, a drive to succeed and the ability to keep going despite challenges. Of course, we focused on their contribution tothe economy and the industry, but giving back to society was a key factor for consideration. [LJ Jyotsna@businessworld.in; @Jyotsna_off 32 | BW BUSINESSWORLD | 26 March 2022 MOST INFLUENTIAL WOMEN THE ILLUSTRIOUS alguni Nayar has redefined the norms, opened a new world of beauty and built an empire for herself. She has dramatically transformed the dynamics of the beauty business from typical touch-and-feel stores to an everevolving online ecosystem. The online beauty retail platform, Nykaa, was founded by Nayar in 2012. Today, itis among India's largest online fashion and lifestyle portals. Nayar's understanding of the consumer, appetite for risk and open-minded thinking has helped accelerate the company's profitable growth. Nykaais a digitally native consumer technology platform delivering acontent-led lifestyle, retail experience to consumers. It has a diverse portfolio of beauty, personal care and fashion products, including its own brand of products manufactured by Nykaa. As a result, it has established itself not only as a lifestyle retail platform but also as a popular consumer brand. Nykaa's Falguni Nayar, CEO, Nykaa W Business acumen par excellence Nayar s understanding of the consumer, appetite for risk and open-minded thinking has helpedrevup Nykaa's profitable growth and headline-grabbing success founder & CEO has been the main driving force in developing and growing the business. BEAUTY ECOMMERCE BOOM Being aligned with the company's vision, Nayar works to inspire and bring joy to people, everywhere, every day. Nykaa has the distinction of being not Just the country's first women-led unicorn (it became one in March 2020), but also of debuting in the public markets, whichis ararity among the internet startups. FSN E-Commerce Ventures, Nykaa's parent entity is India's first unicorn to be listed on the stock exchange. It priced its initial public offering (IPO) at the top end of amarketed range, raising Rs 53.5 billion ($722 million). Nykaa's IPO was open for subscription from October 28 to November 1, 2021. The company's online channels include mobile applications, websites and mobile sites. As of March 31, 2021, Nykaa had cumulative down34 | BW BUSINESSWORLD | 26 March 2022 loads of 43.7 million across all its mobile applications. During FY 2021, 86.7 per cent ofits online Gross Merchandise Value (GMV) came through its mobile applications. Apart from an online well-settled base, Nykaa's offline channel comprises 73 physical stores across 38 cities in Indiain three different store formats. Nykaa Luxe, which offers a luxury beauty experience and showcases prestige and luxury international and domestic brands; Nykaa On I-T rend stores, which offer a differentiated experience for its consumers with the current bestselling products chosen across beauty and personal care brands and; Nykaa Kiosks, which are freestanding units usually in the atriums of shopping malls. LIFE BEFORE NYKAA Last year, Nayar became India's wealthiest self-made woman entrepreneur in her 50s. An alumnus of Nykaa has the distinction of being not just the country's first women-led unicorn, but also of debuting in the public markets, whichis ararity among the internet startups Photograph by Ritesh Sharma 26 March 2022 | BW BUSINESSWORLD | 35 IIM Ahmedabad, Nayar started her career in consulting with AF Ferguson & Co. Prior to establishing Nykaa, she worked for Kotak Mahindra Bank spearheading several businesses verticals. She was the managing director of Kotak Mahindra Investment Bank, and director at Kotak Securities, the bank's institutional equities division. She then successfully concluded her nearly two-decade-long stint at Kotak Mahindra Bank in 2011 to move on and start her own entity. JUGGLING ROLES IN STYLE Nayar's interests go beyond business. Along with being a successful entrepreneur, mother of two children and a homemaker, Nayar is a source ofinspiration to many and especially to budding women founders. Her unwavering conviction, resilience and passion for the business will take her to greater heights. HUGE FUTURE POTENTIAL The company's mission is to create a world where its consumers have access to a finely curated, authentic assortment of products and services that delight and elevate the human spirit. In the world of constantly changing technological advancements, the sector holds great potential to expand the business further. Nayar will continue toremainin the headlines for the glory she and her company deserves. (lJ By RESHAM SUHAIL MOST WOMEN THE ILLUSTRIOUS rom starting her practice in a car's boot to being appointed a judge of the Supreme Court of India, Justice Hima Kohli's journey is an inspiring tale of determination and gritin a profession that demands supreme patience. Her elevation as aSupreme Court judge in 20211is considered by many as the zenith of what a first-generation woman lawyer can achieve. A former Chief Justice of the Telangana High Court, she was the first woman to hold the prestigious post. Prior to that, she served as a judge of the Delhi High Court. Peers hail Justice Kohli's intellectual rigour and unparalleled commitINFLUENTIAL Hima Kohli, Supreme Court Judge B Di is pensin: | Justice with a soft touch Justice Hima Kohli's dazzling journey from being a first-generation lawyerto the Supreme Courtis a silver lining for women inlaw SUPREME COURT OF INDIA mentto the service of the legal profession. With a no-nonsense approach to justice administration, her court has seen quick disposal of cases, decorum ofthe highest order and an empathetic outlook to the cause of justice delivery. ACCIDENTAL LEGAL CAREER Justice Kohli's career as ajudge has 36 | BW BUSINESSWORLD | 26 March 2022 Her golden journey is a testimony to what women lawyers can achieve if they put consistent efforts with the right amount of discipline and perseverance seen a steady growth. But a career in law was not the first choice for the 63-year-old jurist. While she was torn between pursuing a settled career as a professor and taking the Civil Services route, admission to Campus Law Centre meant access to a library to start her IAS preparation. But destiny coupled with her mother's interest in Erle Stanley Gardner's crime novels tilted her towards giving a serious thought to a career in law. And there was no looking back. On completing the law course in 1984, she got enrolled as an advocate with the Bar Council of Delhi in the same year. Those were the days when female lawyers in the profession could be counted on fingertips. Add to this, the bias that existed in the minds of clients towards her male counterparts when it came to seeking legal advice. By own admission, the bar was a little higher when it came to women in law. Butnothing deterred ayoung Kohli as she blazed past the social and perceptual hurdles woman lawyers face at work. Her career as a lawyer saw many high points. From working as astanding counsel for prestigious governPhotograph by TK Kurikawa ment departments like the Delhi Municipal Council to building a solid Private practice, Kohli did everything with elan. A HUMANE JUDGE It was in the summer of 2006 that Kohli started the new innings as a justice administrator after her elevation as an additional judge at the Delhi High Court. And in 2007, she took oath as a permanent judge at the same court. During her tenure atthe Delhi High Court, She won accolades for her sensitive approach to matrimonial disputes, ecological issues and decongestion of jails. Hailing her impeccable sensitivity, ASG Chetan Sharma once remarked at apubhc event, "She has distinguished herselfon the Bench and especially in 26 March 2022 | BW BUSINESSWORLD | 37 matters where the human angle has been more poignant. She takes a larger picture as to what is right and what is wrong, and then she goes to the facts of the case and then she would apply the law and more importantly her common sense." After serving for more than 14 years in the Delhi High Court, she was SWOrn in as the Chief Justice of the Telangana High Courtin 2021 where she continued her efficient judicial oversight of the Covid situation. Her golden journey is a testimony to what women lawyers can achieve if they put consistent efforts with the right amount of discipline and perseverance. After all, sky is not the limit for those who choose to believe in themselves, itis the starting point. [LJ By KRISHNENDRA JOSHI MOST INFLUENTIAL WOMEN THE ILLUSTRIOUS I significant part of the last three decades saw Hina Nagarajan work across large companies in the consumer packaged goods (CPG) sector. Each ofthese added a slew of capabilities to her leadership prowess that eventually made Nagarajan the perfect choice to lead Diageo's India business as its Managing Director and CEO. With a sharp business mind that understands how a company can grow, Nagarajan has prioritised the 'people' aspect of the company as well in all her assignments. THE ALL-ROUND LEADERSHIP When Nagarajan spearheaded Mary Kay in India as its CEO, back in 2007, the role fuelled the entrepreneur in her. "T helped set up the business brick by brick. The mission at Mary Kay was to enrich the lives of women. I supported women every day, which provided me with a sense of purpose and fulfilment and fuelled my passion for inclusion and diversity (I&XD); reminisces Nagarajan. In 2013, Nagarajan joined Reckitt Malaysia and Singapore as its CEO, where she turned the company from. adeclining cash cow to a fast-growing business with renewed investments and superlative employee engagement levels. She repeated this feat when she led Reckitt North Asia, with a focus on China, Hong Kong and Taiwan. During her stint there, Reckitt was the fastest-growing CPGin China and within Reckitt, globally. "This opportunity provided me with huge learning on digital and ecommerce, an essential skill to run business today, says Nagarajan. Equipped with these experiences, it was in 2018, her journey with Diageo began. She joined the company in London to run Africa Emerging Markets (AEM). "This assignment was extremely exciting to me. Not only was Africa anew geography with immense potential but also working in the alcohol beverage sector. The company's culture and values, focus on inclusion and diversity, as well as its brands, encouraged me totake up this opportunity. Africa has vibrant demographics and is similar to India in many ways: potential for growth, volatility and tough regulatory environment. We delivered great business results during the two years I spent there I was then offered the role of MD & CEO of Diageo India, which I was thrilled to accept, says Nagarajan. A NEW ALCO BEV SECTOR Recalling the time of her appointment, Nagarajan says, "The alco-bev industryis avery different place today from where it was, several years ago. When I joined Diageo India last year, I observed very positive comments on various social media platforms. The industry has been very welcoming to me. I am delighted to be a part of an organisation that has I&D at its core, sitting atthe heart of our strategy and Hina Nagarajan, MD CEO, Diageo India B A tale of spirited leadership Nagarajan's leadershipis inclusive and future-looking, as she takes Diageo forwardin its India journey that has diversity andinclusion at the core ofits strategy 38 | BW BUSINESSWORLD | 26 March 2022 "Being the CEO of a beverage alcohol company in India is a great opportunity for me personally to continue to pave the way for more women in our industry" mission." Diageo India has been setting several benchmarks with regard to the representation of women in this industry. Today, 22 per cent of Diageo India's overall workforce consists of wornen, as against 7.5 per centin 2015. Four of eight executives in the Executive Committee are women, while 31 per cent of the Diageo India leadership team comprises women. "Our goal is to have 50 per cent women in leadership roles by 2025. I&D is something I am very passionate about and being the CEO of a beverage alcohol company in Indiais a great opportunity for me personally to continue to pave the way for more women in our industry, Nagarajan adds. THE BALANCING ACT Nagarajan faced most of the challenges women generally encounter in their careers. In addition to inclusion 26 March 2022 | BW BUSINESSWORLD | 39 issues in male-dominated industries, she also had pressure on work-life balance when she had to Juggle being a mother, wife, manager, daughter, and more. "IT managed to overcome these with the incredible support of my family and ensuring my time away from work was fully devoted to my family. I also took a 'Go Fast, Go Slow, Go Fast' approach to my career I grew at a fast pace before my children were born, took astep back when they needed me, and then picked up pace when they were grown up. Last but not least, I just Kept pushing and never gave up, shares the rising business leader. (J By NOOR FATHIMA WARSIA MOST INFLUENTIAL WOMEN THEILLUSTRIOUS NN uccessis often achieved by those who don't know that failure is inevitable. This Coco Chanel quote is evident in Kiran Mazumdar-Shaw. The Chairperson and Managing Director of Biocon and Biocon Biologics, Mazumdar-Shawis a woman with avision and the desire to achieve it. Known for breaking barriers in the corporate world, she turned enltrepreneur when women building careers was not the societal norm. She aspired to become a doctor, but destiny Jed her to entrepreneurship. In a media interview, she had once aptly summed up her experience saying, "Two roads diverged in a wood, and I took the one less travelled by, and that has made all the difference." From setting up Asias largest integrated insulin manufacturing and research and development (R&D) facilityin Malaysia to acquiring Viatris' biosimilars business, MazumdarShaw not only became one of India's richest self-made women but she pushed Indiaitselfon a global map of Kiran Mazumaar-Shaw, Chairperson of Biocon I The Biosimilar Unique The Chairperson Managing Director of Biocon Biocon Biologics, MazumadarShaws initiatives make India shine globally growth in this sector. THE JOURNEY Mazumdar-Shaw was just 25 when she decided to get into the biotechnology sector. She began with a seed capital of Rs 10,000. Her conversations With Ranke wrara barely fruitfu as they hesitat a loan for a rel sector. From t. when in 2022 pany Biocon a Viatris' biosi business for a. sum of Rs 24,9 crore, her Jou: ney has been filled with one inspiring milestone taking over another. Shaw believes this 'Two roads diverged in a wood, and took the one less travelled by, and that has made all the difference 40 |BW BUSINESSWORLD | 26 March 2022 acquisition gave the company, and India, an opportunity even in the developed markets apart from key emerging markets. With the new fully integrated global biosimilars structure, Biocon is expected to put another feather in its cap, aiming to annmmaa ite imitial public offer2Xt two years. ING GENIUS ad Biologics have global play under ership. Over and this, however, azumdar-Shaw relongs to the tribe of geniuses for whom success is not Just marked by their achievements but also by giving back to the world. She continues to prove her 1erit through her rk and constantly leavours to learn 1grow. @ By POONAM SINGH MOST INFLUENTIAL WOMEN Nirmala Sitharamarn, Union Finance Minister B THE ILLUSTRIOUS WEEE Union Finance Minister Nirmala Sitharaman is an inspiration to all and epitomises hard work, dedication, and a firm resolve ] IRMALA Sitharaman epitomises BW Businessworldscriteriaof the Most v | Influential Women ofthe ! W day and it is notjust because she is the first woman Finance Minister of India in Prime Minister Narendra Modis Cabinet or because she was the second woman Defence Minister of India (after Indira Gandhi). The meteoricrisein her stature and responsibilities flows from her unique ability tounderstand, tackle and solve some of the complexities thrown up by the polity. She showed her mettle, first as a party spokesperson of the Bharatiya Janata Party (BJP) when it was the principal opposition party and later as a Union minister of a BJP-led coalition. THE FIRST BREAK It is widely believed that Sitharaman once came in contact with the late Sushma Swaraj, then a senior minister in the Atal Bihari Vajpayee Cabinet, while she (Sitharaman)was amember of the National Commission of Women (2003-2005). Swaraj was so impressed withher measured-yet-honest views about national and world affairs thatshe recommended her to the BJP. THE POLITICALPERSONA Sitharaman excelled in her role right from the start after shejoined the BJP in 2006.A trained economist, Sitharaman quickly caught the attention of the partyleadership and was assigned more responsibilities. Within a short span of four years, she was appointed its national spokesperson. In June 2014, she was inducted into Prime Minister Modi's Cabinet as aminister of state. She was elected a RajyaSabha Member from Andhra Pradesh. Two years later, she successfully contested her RajyaSabhaseatfrom Karnataka. Born in a Tamil family, Sitharaman did her schooling in the state of Tamil Nadu. She attained her bachelor's degree in arts in economics from a College in Tiruchirappalli, and later went on to attain her master's degree ineconomics from the Jawaharlal Nehru University. She also did her M. Phil from JNU. She did enrol for a Ph.D.in economics, with a focus on Indo-European Trade, but she had to move to London with her husband and was not The Lady with a Steely Resolve The sheer determination that enabled herto breakthrough glass ceilings, steers her forth through adversities able to attain the degree. That small setback did not stop her from aiming highin life. She was adetermined soul, right from the start, which probably accounts for her success in all her endeavours over the years. [Tl By TEAM BW 26March 2022 | BW BUSINESSWORLD | 41 Photograph by Ritesh Sharma MOST INFLUENTIAL WOMEN THE ILLUSTRIOUS I ven in a short conversation with Soma Mondal, her mindset to be inclusive while understanding all viewpoints cannotbe missed. Her style of leadershipis to take everyone forward and her journey, therefore, inspires many. Mondal's decision-making is driven by some basic principles that have held her, and the Steel Authority of India (SAIL) under her charge, in good stead. After she joined the company as Director (Commercial) in March 2017, SAIL took up various initiatives to bring in focus on key customer business, enhance market reach, improve service standards and create a stable retail base, especially in the rural sector. Following this, SAILs continued growth resulted in her rising in the ranks to become the chairperson ofthe company in January 2021. She was SAILSs first woman functional director and then the first womrman tobe named as the top boss. THE RIGHT SHIFT Mondalsees her SAIL appointment as one ofthesignificantstepsin her career. "The move was truly awatershed moment as it offered me a greater canvas and challenges that come along withit. Considering the company's size across parameters, it has been a great learning experience and a fulfilling working opportunity. It has provided me with an opportunity to make ameaningful A MODERNISED SAIL For Mondal, SAILs growth story is linked to the "glorious Indiay75". She says, "SAIL has been the most trusted steelmaker ofthe nation for over six decades. We have been apart of nationbuilding since the late fifties. We are associated with most ofthe important nationalinfrastructure projects and have contributed our might tothe economic, social and industrial developSoma Mondal Chairman, SAIL | The customer-first leader For Mondal, running agiantlike SAILwas as simple as understanding customer needs and prioritising their expectations, resulting in growth for the steelmaker impactin the lives of a large number of people, both directly as well as indirectly.' Herearly changes at SAIL were done with the short-term and the larger obJjectives in mind. "Looking ahead, we will scale up our current efforts and course-correctif necessary to orient ourselves to changing customer expectations and improving our market presence. There would be huge scope forincreasing steel consumption in the country and we shall seize every opportunitytomake SAIL abetter company, Mondal explains. 42 | BW BUSINFESSWORLD | 26 March 2022 ment ofthe country." Hermantraistorespectthe pastand strive to bring in continual improvementbased on customer expectations and markettrends, and tomake SAILs product and services future fit. Sustainability, though, remains atthe core ofthe business' future form. "Our productions, marketing and the supply chain will be governed by ESG (environment, social, governance) goals. We have signed the World Steel Association's Sustainability Charter toreaffirm our commitment to global efforts and have drawn our roadmap "Today, though women aren't completely missing, metals in general and steel in particular, is conventionally men's domain' towards carbon neutrality and green steel. Not only our processes and practices willbe tweaked tomake this journey fruitful but sustainability will also shape ourtechnology adoption andthe way weconduct business. SAIL intends toberegarded globally as acontemporary and relevant steel company. BREAKING THE BIAS Mondal has worked in the metals industry, which conventionally is a male-dominated sector. Recalling an experience, she shares, "T remember, in our college, we were two girls in a batch. of about 200. Today, though women aren't completely missing, metals in general and steel, in particular, is conventionally men's domain. However, things are gradually shifting in terms of available opportunities and the mindset." 26 March 2022 | BW BUSINESSWORLD | 43 g She points out that in sectors like these, many a time, challenging roles are not offered to women by even well-meaning leaders because of the anticipated physical hardships and safety concerns. She advises, "In the long run, this impacts the growth of the particular woman though she is competent. She could also miss out on a place in the pool of potential leaders for senior positions. I would like to exhort allleaders to extend opportunities to their young colleagues along with mentoring so that the inhibitions and self-doubts do not mar the prospect of a potential woman leader. [ By NOOR FATHIMA WARSIA MOST INFLUENTIAL WOMEN THE ILLUSTRIOUS fyou know about WHO, or Covid-19 for that matter, then you would surely know about Soumya Swaminathan, the World Health Organisation's Chief Scientist since March 2019. Earlier, she was Deputy Director General of Programmes at WHO. As a WHO veteran, she has been a key member of the team helming the health agency's multi-pronged efforts in managing the global fight against the coronavirus pandemic. Whether it is helping countries to prepare and respond to the health crisis, spreading awareness, training and mobilising health workers, or finding a treatment for Covid-19, the WHO has been at the forefront of the global response to the Covid-10 pandemic. Swaminathan has been an asset for the health agency as it led the fight against the worst global health crisis in more than 100 years brought on by Covid-19, thanks to her training and prior experience. A paediatrician and Soumya Swaminathan, Chief Scientist, World Health Organisation B Achiever par excellence Justlike her father MS Swaminathan, the father of India's green revolution, Soumya has climbed the summit of Success in her chosen field healthcare a clinical scientist, Swaminathan is known for her work on tuberculosis and HIV, two of the major contagions to have afflicted mankind. Before moving tothe WHO, Swaminathan served as secretary in the Department of Health Research, Government of India and as Director General of the Indian Council of Medical Research (ICMR) from 2015 to 2017. TOP ACADEMIC CREDENTIALS Swaminathan holds an MBBS degree from the Armed Forces Medical College (Pune) and an M.D. from the All India Institute of Medical Sciences. She is an elected foreign fellow of the National Academy of Medicine (NAM)in the US and a fellow of all three science academies in India . Swaminathan is one of the three daughters of Mina Swaminathan, an educationist, and M.S. Swaminathan, the renowned agricultural scientist, celebrated as "Father of Green 44 | BW BUSINESSWORLD | 26 March2022 Revolution in India. Growing up on the campus of the Indian Agricultural Research Institute (TART) in Chennai, she was influenced by the good work her parents did for the community. They steered her towards a career in healthcare and public service. SHE WANTED TO BE AVET Swaminathan desired to be a doctor not for humans, but as aveterinarian! Fate played its cards, and she got admission to the prestigious AFMC Pune m 1976. Thatis where I met her for the first time. In addition to being a faculty member, Iwas also an assistant warden at AFMC Pune at the time, and have vivid memories of the day I went to pick her up from the railway station. I remember her clutching her violin and had an uncanny feeling that she would do us proud one day. After completing her MBBS from AFMC Pune, she was supposed to A paediatrician and a clinical scientist, Swaminathan is known for her work on tuberculosis and HIV, two of the major contagions to have afflicted mankind join the MD programme in PGI Chandigarh but got rejected as she arrived five minutes late for the counselling. She was not demoralised. She went on to do an MD in Paediatrics from AIIMS, New Delhi. PGT's loss was AIIMS's gain. Later, she was a post-doctoral researcher at the Children's Hospital, Keck School of Medicine, USC, Photographby PIB Los Angeles. After this, she also did a fellowship from the University of Leicester, UK. In 1992, she returned to India and devoted herselfto serious research on tuberculosis and HIV for more than two decades. At the same time, she also took on several administrative responsibilities. In 2015, she was appointed Director-General of ICMR, 26 March 2022 | BW BUSINESSWORLD | 45 and Secretary, Health Research. She focused on bringing evidence-based science into health policymaking and building research capacity in Indian medical schools. On a lighter note, Swaminathan always listens patiently even when her mind is made up on something to the contrary. However, the only exception is when she isin the driver's seat of a car; then, she often thinks some people on the road need to be urgently reformed. (J By Dr, ARVIND LAL, Executive Chairman, Dr. Lal PathLabs MOST INFLUENTIAL WOMEN THE ILLUSTRIOUS I #==== UCHITRA ELLA cofounded Bharat Biotech with Dr Krishna Ella in ) 1996, a company that has es # been in the news of late for Covaxin, the indigenous Covid-19 vaccine developed in collaboration with the Indian Council of Medical ReVirology. The couple have been awarded the Padma Bhushan this year for their achievement. Since the pandemic struck, Bharat Biotech has supplied more than 300 million doses of Covaxin within India and to neighbouring countries under the Vaccine Maithree initiative. The World Health Organizavaccines authorised for emergency use. Suchitra Ella graduated with distinction from the University of Madrasin Economics and Social Sciences. Shestudied Marketing and Business at the University of Wisconsin in Madison. She also has a post-graduate diplomain Patent Law from NALSAR Hyderabad. suchitra Efla, Co-founder & Joint MD, Bharat Biotech International B Accom BlHished 11 GC 0 rls] e Thisyears Padma Bhushan awardeeis a hardcore businesswoman with asoft heart that drives her to philanthropic ventures 46 | BW BUSINESSWORLD | 26 March2022 search and the National Institute of tion has nowadded Covaxintoitslistof It was alife-changing decision | took in the mid-nineties to relocate to India, leaving behind a successful career in the US. The Joint Managing Director of Bharat Biotech International feels entrepreneurship was a programme designed for her, bringing to the fore herrisk-taking nature and out-of-thebox thinking. "It was a life-changing decision I took in the mid-nineties to relocate to India, leaving behind a successful career in the US. IL was a huge risk, and without any guarantees, I cofounded a startup biotech company based on research, scientific skillset, technology, innovation and people as our core strengths: Under her leadership, Bharat Biotech has established an excellent track record of innovation with more than 145 global patents and a wide product portfolio of more than 16 vaccines, four bio-therapeutics, and registrations in more than 120 countries. Among the accomplishments she cherishes are the product and clinical development competencies for vaccines such as Rotavirus, Typhoid TCV, JE, Covid-19, Zika, Chikungunya. Suchitra Ella believes in the value of inclusion, but acknowledges that it requires a mindset change. 'Let us aspire to celebrate every woman's accomplishments. Let us create avaried, equal, and inclusive world without bias. Let us create a world where diversity is revered and celebrated, says Ella. She feels empowering women and girls will enhance their lives. The hardcore businesswoman with the soft heart, divides her spare hours between philanthropic activities and spending time with her family. () By JYOTSNA SHARMA MOST WOMEN THE ILLUSTRIOUS hen healthcare stalwart Prathap C. Reddy was busy building India's first corporate hospital in the 1980s, he needed assistance for everything, from marketing to project management to fundraising. While he on-boarded professionals for various diverse roles, his four daughters stood as supporting pillars. The success of Apollo Hospitals Group would not have been possible withoutthe continued efforts of Reddy sisters: Preetha Reddy, Executive Vice Chairperson, Apollo Hospitals; ShobanaKamineni, Executive Vice Chairperson, Apollo Hospitals; Sangita Reddy, Joint Managing Director, Apollo Hospitals and; Suneeta Reddy, Managing Director, Apollo Hospitals. Seeing the present world through the lens of a healthcare professional, Shobana states, "The Covid-19 pandemic caused unprecedented medical, societal and economic devastation all around the world. However, a positive that emerged from itis that NOW alarger number of people are paying INFLUENTIAL Preetha Reddy, Sangita Reddy, Shobana Kamineni, Suneeta Reddy, Apollo Hospitals _W Healthcare's leading ladies The Reddy sisters of Apollo Hospitals Group are leading the way inproviding a better health infrastructure in India attention totheir health and wellbeing. Thisis a healthy development as most non-communicable diseases (NCDs) are preventable and many can even be reversed." She adds: "For healthcare professionals, this translates into a definitive mission that going forward, they must engage with communities in battling disease beyond the physical realm of hospitals and do their best to Keep people from falling ill, especially with regard to chronic diseases." PROJECT KAVACH Talking about the challenges faced during the Covid waves, Suneeta says, "To go beyond the call of duty and support the government in the century's biggest challenge, we launched India's first and the most comprehensive Covid management programme called 'Project Kavach with the mission to identify, fight and defeat the pandemic with clinical expertise and a comprehensive multi48 | BW BUSINESSWORLD | 26 March2022 level, multi-stakeholder strategy." Did you ever imagine yourself becoming vice chairperson of Apollo Hospitals? To this, Preetha answers, "As a young girl, I was keen to study medicine and become a doctor like my father. However, at that point in time, my father dissuaded me as he felt that it would be a strenuous career. Later though, he broughtme into Apollo Hospitals to support him in the entrepreneurial venture building India's first corporate hospital. In doing s0, he gave me abrilliant purpose. Today, Thavethe opportunity to engage with over 11,000 clinicians of Apollo and touch millions of lives." She answers the question saying that as a pioneering family, every member performs a critical role and over the years she has grown in her career to become the vice chairperson of a group, which isin the business of caring. HEALTHCARE LEADER Preetha further adds, "I am cognisant Reddy Sisters: (Clockwise) Preetha Reddy, Executive Vice Chairperson, Apollo Hospitals; SangitaReddy, Joint Managing Director, Apollo Hospitals; Shobana Kamineni, Executive Vice Chairperson, Apollo Hospitals; and Suneeta Reddy, Managing Director, Apollo Hospitals "Life is priceless and introducing greater ease, savings and comfort offers immense Succour to patients and their loved ones" that as a healthcare leader, my responsibilities transcend my organisation. Therefore, I work closely with Nathealth and several other Indian and global healthcare associations, academnicinstitutions and other industry bodies toinfluence positive change and regulatory shifts." Her advice to budding entrepreneurs: 'Atfirst, I would say thatittakes a lotof courage and conviction to become an entrepreneur and thats commendable. Oneisbound toencounter naysayers, challenges and obstacles, but it is important to stay the course and keep movingahead. Furthermore, entrepreneurshipis ajourney and the goalpost Keeps moving and at all times, the core purpose must be keptin mind. Shobana finds entrepreneurship 26 March 2022 | BW BUSINESSWORLD | 49 in healthcare sector as highly gratifying. "Life is priceless and introducing greater ease, Savings and comfort offers immense succour to patients and their loved ones. Over the last fewyears, it has been heartening that a large number of young Indian entrepreneurs chose to introduce services and products to bridge gaps in healthcare. A recent report stated that India holds the potential to generate $774 billion revenue from healthcare by 2030 and the investmentideas are being shaped by newage technologies, innovative business models, delivery platforms and regulatory environment, she states. [LJ By UPASANA MOST WOMEN THE ILLUSTRIOUS scientist by profession, Swati Piramal is aleader enabling inclusive change. Her journey, filled with several highs, has seen her don different challenging roles. She was the president ofthe Associated Chambers of Commerce of India (ASSOCHAM), the apex chamber of commerce, being thefirst woman in 90 years totake the position. Championing the leadership parity cause, she worked towards developing frameworks and policies that would support women in leadership roles. In 2012, she was awarded the Padma Shri. She also served on the Prime Minister's Scientific Advisory Council and the Council of Trade. In May 2012, she was elected to the Harvard Board of Overseers and served on it until 2018. As Director, Piramal Foundation, the philanthropic arm ofthe Piramal Group, she is deeply involved in developing innovative long-term and scalable solutions to resolve issues that are critical roadblocks towards unlocking Indias economic potential. INFLUENTIAL Swati Piramal, Vice Chairperson, Piramal Group B "Knowledge helps overcome' Piramal believes the power of knowledge can help overcome gender-based challenges. Whilethe change must come within, she also calls for leaders to be more aware In her experience that has been rich with diverse encounters, she kept wommens issues and the Indian healthcare sector close to her heart. MAINTAIN THE MOMENTUM The Indian healthcare industry faced an unprecedented challenge since 2020. According to Piramal, the pandemics emergency and scale called for innovations in research and development (R&D), smart technologyimplementation, fast-paced digital solutions, quick clinical trials, cross-border collaborations, swift ramping up of manufacturing capabilities and supply chain and distribution efficiencies. "Forthe Indian healthcare industry, now is a crucial time tore-evaluate growth possibilities and find strategic ways to capitalise on ernerging opportunities for global value creation, notes Piramal. Indiamade an everlasting impact on the world inits response tothe pandemic as higher-value products and the investmentin pharmaceuticals expanded 50 | BW BUSINESSWORLD | 26 March 2022 and augured well. "Our governmentis focused on achieving inclusive growth and self-sufficiency. Major structural reforms have helped the country to boost the long term outlook of the economy. The country needs to maintain momentum and keep introducing laudable initiatives, she adds. THE ROLE LEADERS PLAY A country like India must improve its public health systems. Piramal points out that only one or two districts in Indiahave dedicated epidemiologists. "As leaders, our immediate priority should be to train people, health workers and policymakers to drive this change withinthe country, she advises. Rural areas in India need to develop infrastructure significantly and be prepared for any future uncertainties. Investments made by the industry in drug R&D in the past two decades are paying off. "Indiais nowin the position to develop its own set of vaccines. Collaboration of various systems is the key "For the Indian healthcare industry, now is a crucial time to re-evaluate growth possibilities and find strategic ways to capitalise on emerging opportunities" to shaping the future of the country, says Piramal, as she takes stock of the healthcare sector in India. OVERCOMING BIAS In her career, Piramal witnessed several gender-based challenges. "When I joined asthe Assocharn President, people assumed 1 would have low awareness on subjects like economy, banking, logistics, nuclear energy or manufacturing. I believe that knowledge is power. Therefore, before I met the RBI governor, Iread around 1,000 pages on the economy and also connected with experts in the banking arena to gather and absorb information. It is only knowledge thatcan help you overcome counter gender bias, she says. While women have gained promi26 March 2022 | BW BUSINESSWORLD | 51 nence atthe workplace in recent years, Piramalreminds us they are underrepresented in science and engineering. Citing an example, she avers, 'At the Piramal Life Sciences research centre, we moved from a 10 per cent women workforce in 2004 to 40 per centin 2009 through sustained efforts. Fair compensation and respectful treatment were criticalin our human resources. Recently, while serving in the search and selection committee of eight atthe ITTs, Imade aspecial effort totry and get women leadersin the predominantly male world of engineering studies." (XJ By NOOR FATHIMA WARSIA MOST INFLUENTIAL WOMEN TRAILBLAZERS ocial entrepreneurship is a wellknown field today having gained major traction particularly in the last three years. But there are players in the industry who wanted to make a difference even before the concept gained currency. One such individualis Ajita Shah, Founder and CEO, Frontier Markets, and President, Frontier Innovations. Recalling her Journey, Shah says, "When I was in the university doing my graduation, I was exposed to some harsh realities ofthe world. It was then when I understood that inequality is real, injustice is real. I wanted to make a difference in the world addressing these challenges." Shah decided to move back to Indiain 2006 and started working in microfinance. During the initial period, she was exposed to challenges faced by rural communities, especially women. These ranged from electrification, telecom, clean water, to basic deliveries. Ajaita Shah, CEO, Frontier Markets President, Frontier Innovations Foundation B Rigging up a marketplace for rural India By giving rural customers the opportunities they deserve to create betterlives, Ajaita Shah is helping build the future of rural India SERVING RURAL CUSTOMERS To tackle these issues at scale, Shah set up Frontier Markets in 2011 with an aim to broaden rural communities' access to high impact products and services. Addressing the lighting needs of villages that were not connected to the grid, Frontier Markets began by bringing Innovative products such as solar torches and lanterns of various brands from last-mile distribution points. She wanted to address five major challenges, that is, awareness, access, trust, product fit, and local livelihood. Today, they serve 35 lakh rural customers across more than 5,00,000 rural households. "I believe that by shifting the lens from seeing rural families as beneficiaries to dignified customers, and women as social influencers and service providers, we can create a massive marketplace in rural India, and address climate challenges in S52 | BW BUSINESSWORLD | 26 March 2022 the country, says Shah. BUILDING THE FUTURE Frontier Markets is the first social enterprise to co-design impact for the increasing consumption in the rural market. The company has successfully identified the gap, and is driving the opportunity with income growth, 4G connectivity, road infrastructure, product affordability, evolving consumer attitudes, smartphone penetration and favourable demographics. Theyre building the future of rural India by giving rural customers the opportunities they deserve to create better lives. Their goal is to become the largest rural platform for rural women driven by women. NO DEARTH OF CHALLENGES However, the journey so far has been anything but smooth. Shah says, "Being a woman entrepreneur and setting up this kind of company "Being a woman entrepreneur and setting up this kind of company was really challenging. Last-mile distribution wasn't a preferred area of investment was really challenging. Last-mile distribution wasn't apreferred area of investment for anyone in India at all, It was always about having to prove my numbers before I raised the next level and then the next level and so on. From day one, they had to always take as little as they needed and try to achieve unit economics and reach profitability as fast as possible. The first seven years she had a hard time proving that as an Indian American with an American accent, Shah can crack the code to Indian distribution challenge. UNICORN IN THE MAKING Today, Frontier Markets has overcome all these challenges. Gearing 26 March 2022 | BW BUSINESSWORLD | 53 = gl R el e e to become the first social commerce unicorn in India, the company is raising $20 million in Series B funding to accelerate and ramp up to 1 lakh Sahelis in less than 18 months. Their goal now is to become the largest rural commerce platform in the country. The company wants to on-board 5 lakh 'Sahelis' along with 5 crore rural customers, becoming a $10 billion-plus company in transactions, while scaling innovative solutions in climate, financial services, agriculture, healthcare, and education. (J By URVI SHRIVASTAV TRAILBLAZERS ASILENT MESSIAH OF PEACE When militancy was atits peakin Kashmir, Qazi opened anengineering college Dilafrose Qazi, Founder and Vice-Chairperson, SSM-CEET W At the height of militancy in Kashmir, Dilafrose Qazi hose to emancipateits people through education. Beginning as apart-time course for women teaching tailoring, cooking, shorthand, etc., the Srinagar School of Management-College of Engineering & Technology became the first private engineering institute in Kashmir. Having studied law at the University of Kashmir, Qazi worked extensively to provide quality education for all. In 1996, she started a free primary school in the Baramulla district. Soon after in 1998 she opened another school in Dangarpora. In 2001, Qazi started another free primary school at Kunan Poshpora in Kupwara district. Qazi says, "Women, you are stronger than men in every way, biologically and emotionally. You are the epitome of civilisations to come. Your character and strength will STRUGGLING FOR EQUAL OPPORTUNITIES West Bengal's first transgender judge workstoward an egalitarian Society Joyita Mondal, Transgender Judge R N 2017, Joyita Mondal became the country's first transgender woman to be appointed ajudge in a Lok Adalat. A torchbearer for transgender rights, the social activist has been working tirelessly for the welfare of her community in West Bengal. Mondal's vision is to co-create asociety that offers equal socio-economic opportunities to alland she has been workS54 | BW BUSINESSWORLD | 26 March2022 shape the future generations." Qazi has also worked on relief, vocational training, skill development, women's education and employment. She was among the thousand women collectively nominated for the 2005 Nobel Peace Prize. tl] VASUDHA MUKHERJEE ing tirelessy to give shape to that dream. The journey, predictably has notbeen easy and Mondal has been subject to bullying. Her tale of struggles to achieve her dream border on the terrifying, with instances when she has been denied food. She refused to succumb to the pressures and pressed on for the rights of Transgenders, defying the adversities that came her way. As Leanne Betasamosake Simpson had once said, "strong communities are born from individuals being their best self." Leading by example, Joyita Mondal is a true embodiment of a resilient change-maker, living an inspired life and taking the community forward in the process. (lJ KRISHNENDRA JOSHI Photographby Urostomic,yeti8 8 MOST INFLUENTIAL WOMEN TRAILBLAZERS WWE Flight Lt. Shivangi Singh, Rafale fighter pilot The Rafale litmus Shivangi Singh flying high as a Rafale fighter pilot in the IAF breaks the last of the glass ceilings light Lieutenant Shivangi Singhis a Rafale fighter pilot of the Indian Air Force (IAF). She flies from a frontline airbase at Ambala as part of the elite 17 (Golden Arrows) Squadron. Before being selected to fly the IAF's most advanced fighter aircraftin 2020, she flew MiG-2 is at another frontline airbase in Rajasthan alongside Group Captain Abhinandan Varthaman, the IAF hero who shot down a Pakistani F-16fighterin 2019 and then won the nation's heart with his courage and poise in enemy captivity. Atthe 73rd Republic Day parade in New Delhi, Singh had a pride of place on the IAF tableaux, which had the theme "Transforming for the Future. For an LAF pilot with four years of service, life couldn't get better than this. Her's would have looked an improbable story even a few years ago, and symbolises the remarkable journey of women from the margins of the military to its centre-stage, from the sidelines to the core business of warfighting. Commissioned into the IAF in 2017, Singh is from the second batch of its women fighter pilots. Before her, Flt Lts Bhawana Kanth, Avani Chaturvedi and Mohana Singh had blazed the trail as India's first female fighter pilots in 2016 under an "experimental scheme". This was perhaps the last of the glass ceilings to be broken. Chaturvedi was the firstto fly a MiG-21 solo. She and Kanth now fly the frontline Sukhoi-30MKI. Singh has pushed the envelope farther with the Rafale. ADREAM COME TRUE "T always wanted to fly, as any child would dream of doing. Ever since I learned about the Air Force, I wanted only one thing to become a fighter pilot. Thatis S6 | BW BUSINESSWORLD | 26 March 2022 Photographby IAF the reason Ijoined the Air Force, Singh was quoted as saying. Her soaring success is also the story of rapid upward mobility of subaltern India. Like the first group of female fighter pilots, Singhis from a world outside of India's metros. Sheis from Varanasi. Her seniors all engineers by education -Kanth, Chaturvedi and Mohana Singh are from Darbhanga (Bihar), Rewa (Madhya Pradesh) and Jhunjunu (Rajasthan), respectively. Singhs Journey to the Rafale cockpit began at the 7 UP Air Squadron of the National Cadet Corps (NCC) at Banaras Hindu University. She was later accepted for training at the Air Force Academy in 2016 and got her wings in 2017. With the number of female fighter pilots now at 16, and all of them having acquitted themselves rather well, the government in alandmark decision on February 2 converted the "experimental scheme" of 2016 for their induction into a permanent one. "It is a testimony to the capability of India's 'Nari Shakti and Photograph by Aksveer our PM Modi's commitment to women empowerment, said Defence Minister Rajnath Singh while announcing this decision. The acceptance of women as fighter pilots in frontline squadrons as a permanent feature is a seminal moment in making the Indian military an equal opportunity place for women. TENTATIVE BEGINNINGS The Journey though has not been an easy one and women have had to prove themselves every step of the way from the tentative beginnings in 1992 when Air Photograph by Bivash Banerjee "IH always wanted to fly, as any child would dream of doing. Ever since Hearned about the Air Force, [wanted only one thing to become a fighter pilot" Chief Marshal N.C. Suri, the then Chiefof Air Staff, in an inspired decision, opened doors to women. The IAF was the first military service to do so. The early years were mainly about symbolism, and women on short-service commissions were placed on peripheral ground duties. Flying was a distant dream. There are recorded accounts of personnel refusing to obey orders from female officers, pasting lewd comments and even grudging women commanding parades. Bit by bit, women made their place as helicopter and transport aircraft pilots. Buttheir acceptance inthe 26 March 2022 | BW BUSINESSWORLD | 57 combat stream was long resisted on two grounds: Fallout of capture by the enemy incombat, and disruption of tight fighterflying schedules on account of maternity breaks. After hard-fought victories in gender battles, women fighter pilots are now flying high. "IT have learnt from flying that things are never impossible. Itis important for you to believe in yourself. Even when nobody stands by you, you have yourselftolook upto, says Singh. The enemmy better watch out. EL] By VISHAL THAPAR MOST INFLUENTIAL WOMEN HIGH-FLIERS [ Priyanka Chopra, Actorand Entrepreneur Brain for Business The Bollywood and Hollywood star hasrecently launched arestaurant, a haircare brand and her memoir HEIS AN ACTRESS, singer, author, and entrepreneur. Yes, Priyanka Chopra Jonas is all this and more. Yet her name takes one back to her Miss World winin 2000. She has achieved many milestones since then. In addition to making a mark in the movie business internationally, she is an astute entrepreneur. Lastyear, despite the pandemic, Priyanka Chopra Jonas opened an Indian restaurant named Sona, in New York. She also launched a haircare brand, and released a memoir, iitled Unfinished. Her book chronicles her childhood and her journey to becoming an actor. With warmth and honesty, she writes about her challenges and her wins along the way. COMMITMENT TO HER CRAFT Priyanka Choprais Just not a glamorous "movie star". Her acting demonstrates prowess, as her stellar performances revealin Mary Kom, based on the life of the Indian boxer, and Barf, where she portrays a differentlyabled girl. In Hollywood, she made amarkin the series Quantico and quickly became awell-known name. "Priyanka Chopras biggest achievement has been the ease with which she has transitioned from Bollywood to Hollywood and made a steady career for herselfin American movies," 'Shei thor hor . | says Saibal Chatterjee, the noted film critic. eisatnorougnp Of essionat. "Now in the twentieth year of her acting career, she And also extr emely h umane, straddles a wide spectrum of films from The Matrix Res) courteous, and polite to everyurrection to White Tiger, without much effort," he goes on to say. one says actor Rahul Vohra S8 | BW BUSINESSWORLD | 26 March 2022 Photographby JeanNelson GOODWILLAMBASSADOR In 2016, Chopra Jonas was appointed a goodwill ambassador for UNICEF. Actor Rahul Vohra who has worked with her highlights the fact thatin addition to being a good actor, she is also agood human being with a kind heart. "An unwavering commitment to her craft, coupled with an otherworldly knack of making the right decisions and fearlessly daring to achieve what many others would balk at even trying, defines Priyanka Chopra. She is a thorough professional. And also extremely humane, courteous, and polite to everyone around her, says Vohra. "I remember her getting up while on the sets of a film we were shooting to offer her chair to a visiting senior citizen related to me." he recalls. Reports say Priyanka Chopra Jonas supports and works towards helping girl child education in India. She runs afoundation that provides healthcare as well as education to children. The actor turned entrepreneur, obviously does not rest. All eyes are on this powerhouse to see what project she takes up next. (J By JYOTSNA SHARMA Leena Nair, CEO, Chanel! I Moving Forward with Grit & Grace From asmalltown in India to leadership roles in bigleague corporate houses, speaks of exceptional talent N JANUARY this year the French luxury fashion house, Chanel, appointed a British Indian as its Global Head. Chanel announced that Unilever's erstwhile Chief Human Resources Officer (CHRO),Leena Nair, would be its Global CEO. "Tlook forward toimmersing myself in another incredible organisation and experiencing the culture of an independent company that believes in the power of creation, nurturing human potential and having a positive impact, Nair tweeted about her appointment. She also expressed gratitude to her mentors and coaches in that thread. Nair's is truly a story of hard work and determination, which have driven her through her journey from a small 'My purpose is to Ignite the Human Spark to build a Better Business and a Better World H#morehuman, town in India to becoming the CEO of an iconic fashion house. Born in India, this powerhouse has an MBA from XLRI Jamshedpur. Before Chanel, she worked at Unilever for 30 years as the company's CHRO and was part of their executive committee. She is reported to have been the company's first woman manager to have worked on the factory floor and risen up the corporate ladder from there. Nair was the first Asian and the 26 March 2022 | BW BUSINESSWORLD | 59 youngest ever CHRO of Unilever and member of the Unilever Leadership Executive (ULE), which is responsible for delivering Unilever's business and financial performance. For Nair that was only the beginning of ajourney. "My purpose is to Ignite the Human Spark to build a Better Business and a Better World #morehuman, Nair says on her LinkedIn page. (J By JYOTSNA SHARMA HIGH-FLIERS EEN AWOMAN OF THE WORLD Advaith is leading Flex, a company that operatesin 30 countries, through a major transformation n manufacturing RevathiAdvaithi, CEO Flex N evathi Advaith is amongthe few Asian women at the helm of a Global 500 business, namely Flex. Having assumed the role of a CEO in February 2019, she is leading Flex through a transformation that is defining a new erain manufacturing. She is focused on driving technology innovation, supply chain, and responsible, sustainable manufacturing solutions across various industries and end markets. She is also responsible for curating the company's strategic direction and leading Flex through a transformation. Flex has aworkforce that spans 30 countries. Advaithi has often reiterated how she is focussed on leading and supporting employees around the globe, to make relevant Photograph by Peter Prato/FLEXLTD. products for their consumers, delivering value to stakeholders and eventually improving people's lives. Advaithi is also a co-chair of the World Economic Forum (WEF) Advanced Manufacturing CEO Community (2022) and hasjoined the WEF Alliance of CEO Climate Leaders. She currently serves on the Board of Directors of Uber and Catalyst.org andis a member of the Business Roundtable and the Catalyst CEO Champions For Change initiative. [LJ SOUMYA SEHGAL SHELENDS VERVE TOTHE DATING EXPERIENCE Sheis notjustabusiness personwhomadedating fun, but also a strident voice for women's rights Sharmistha Dubey, CEO, Match Group Photograph by MATCH GROUP harmistha Dubey has earned the epithet of a woman who has reinvented romance. The Match Group that she heads, is atechnology conglomerate that owns Tinder, Hinge, and many other dating services. Dubey has been a leader at the Match Group for 14 years. Before taking on her role as the President of the Match Group, aposition she assumed in 2018, she was the CEO ofthe Tinder business. Dubey led the team that launched Tinder Gold, an exclusive experience thatis like having aconcierge help you through your profile search. Gold allows you to manage your visibility and even see who likes you before you swipe. It was obviously designed with the fun-loving, yet coy Indian woman in mind and has hugely succeeded in its mission. Dubey has curated products that make romance exciting and fun for people. The inference being that she is simultaneously a keen businesswoman and a sensitive, imaginative human. But there is more to her than that Sharmistha Dubey was in the news for a while for raising her voice againstthe restrictive abortion law in Texas, bringing to the fore, a woman who cares for women's rights. Is it surprising that her endeavours have earned her praise from even industrialist Anand Mahindra? (J JYOTSNA SHARMA 60 | BW BUSINESSWORLD | 26 March2022 Abird's eye view of accomplishments CELEBRATING EMPOWERMENT ee THECULTURSTI EEE INFLUENTIAL Rebellious Yet A Bookish Affair Runway Hit Anita Dongre, Indian fashion designer nita Dongre drives her uccess from her rooted, eco-fashion and simplistic approach. She is one of the few designers whose signature style exudes affinity for indigenous craft tradition, coupled with a modern aesthetic. "What youwearis an expression of who you are, and how you want to be seen. Fashion is apowerful tool of creativity, self-respect and change," she asserts. The designer also leads The Anita Dongre Foundation which helps rural women have an equal voice by providing them with livelihood opportunities and skill training. An ethical vegan, environmentalist and revivalist of local craft, Dongreis an advocate of compassionate living. (J SOUMYA Photographs: Jeanbaptisteparis, Nomu420 Resolute Chiki Sarkar, Arundhati Roy, Publisher and Co-founder, Author Juggernaut Books est Known as a prolific writer and a valiant political activist, Arundhati Roy is a woman with unwavering courage. The start of her journey was as gripping, where her debut novel, 'The God of Small Things', established her as one of the most revered writers of the Indian literary canon. Having spearheaded several social movements, the author's grit, gumption and prowess to break conventions make her one of the promminent names in the literary circles, especially for her unflinching political opinions. Her multi-hyphenated life alsoincludes abriefstint inthefilmindustrytoeventually winning the national award. (J SOUMYA P ublishing has been apartof Indian history since time immemorial. Once such individual whois carrying forth this legacy is Chiki Sarkar, Publisher and Co-founder of Juggernaut Books. Coming from a family which runs Kolkata-based Anandabazar Patrika, she started her career with Bloomsbury Publishing. After garnering several titles, she started Juggernautin 2015. This is aunique platform which has its own app and provides a platform for amateur writers to voice their thoughts. Her journey has been one of individual enterprise while sticking to the roots of family as well as the nation. [1] URVI 26March2022 | BW BUSINESSWORLD | 61 Queen Of Visual Poetry Dayanita Singh, Photographer ayanita Singh is best known for her portraits of Indias urban elite and middle class. She established her reputation working primarily in black and white. Her inspirations are wideranging and include the film directors Guru Dutt and Satyajit Ray, the painter Ravi Varma, the tabla player Zakir Hussain, and authors such as Italo Calvino. While she is still best Known for her black and white portraits of India's urban middle and upper classes, over time she expanded her scope to include empty spaces in Mumbai and night landscapes. She has also embraced colour photography, creating photographs saturated with intense colour. (J RUHAIL THE CULTURATI CONTENT NINJA Kapoor, Joint MD and Cred Balaji Telefilms, is credite content across all screen f Ekta Kapoor, Joint MD Balaji Telefilms | a studied atthe Bomb im and Mithibai College degreein commerce. Sheis the c: successful 'saas-bahu' series on 1 even though she started her car series in 1995. With the emerger . tainment content, she quickly shifted gears and launched her OTT media platform ALTBalaji which features web series and engaging content especially curated for different demographics. She loves working on scripts, and concept building. Kapoor is credited with launching new actors and actresses across screens. Recognising her contribution to the field of media and entertainment, the Gol conferred MASTER STORYTELLER Akhtar has arguably given us the country's most criticallyacclaimed films over the past decade Zoya Akhtar, Film Director Screenwriter Il Ata has emerged as the biggest disruptor in he cinematic space. She made her debut as Director with critically acclaimed Luck By Chance in 2009. In 2011, she directed the critically and commercially successful film Zindagi Na Milegi Dobara and won her Filmfare award for Best Director. She has openly spoken about her directorial stance on 62 | BW BUSINESSWORLD | 26 March2022 the Padma Shree on her this year. She has been honoured with awards all through her career, including the BW Most Influential Woman of Indiaawardin 2019, the Most Powerful Business Women ofthe Year 2019 award, and more] RUHAILAMIN public forums and believes that when it comes to a script or how a personality should be portrayed, the director should have the last word. AKkhtar's depiction of both fictional and inspired characters on screen is a thing of beauty, even the critics' side with her on this. She rarely explores just one facet and refrains from the good versus evil clich portrayals. A master storyteller, her films, though offbeat, have always found love and support. With her movie Gully Boy, Akhtar shocked Bollywood with her gumption, backing it up with a web series debut, and her own production house, Tiger Baby with her longtime collaborator, Reema Kagti. (J RUHAILAMIN Photographby Mmaxer MOST INFLUENTIAL WOMEN THE CULTURATI I asaba Gupta, an IndianCaribbean fashion designer started her eponymous label, House of Masaba in 2009 after graduating from SNDT Women's University, Murnbai. An icon for fashion aspirants of this generation, the 31-year-old designer is credited with transforming the face of the fashion industry ever since her promising debut at the Lakme Fashion Week at the young age of 19. With decade-long experience, Gupta is revered globally as the 'Queen of Prints. Manifesting her vivid cultural identity inherited from mother Neena Gupta, an award winning actress, and her father, Sir Viv Richards, a West Indies cricketing legend, Gupta is distinguished for mastering the fusion trend. Notably, House of Masaba, her homegrown, India proud label with a Caribbean heart blends two varied cultures and thoughts to transform everyday mundane items into unconventional motifs and prints. BREAKING STEREOTYPES The signature Masaba Gupta designs channel her quirky and experimental style sensibilities breaking stereotypes with unique and fuss-free silhouettes for modern Indian women. With the anytime, anywhere ensembles, House of Masabais bridging the gap between haute and pret couture. The label has made a broad portfolio with destination wedding collections, festive wear, party collections and resortwear, all rendered in the brand's signature colours, motifs and aesthetics. ayed into beauty, fashion jewellery, accessories, menswear, swimwear, and many more segments. She has introduced aline of exclusive Masaba beauty products featuring the brand's signature bold prints in a popular collaboration with multi-brand beauty platform Nykaa with the Masaba by Nykaalimited edition series. The Masaba by Nykaa Kitincludes a range of nail paints, fragrances, lipsticks and Masaba Gupta, Indian fashion designer WW Queen of the fusion trend Masaba Gupta's designs channel her quirky and experimentalstyle sensibilities breaking stereotypes with unique and fussfreesilhouettes for modern Indian Women These elements have found their way into collaborations across many more product categories. Masabaachieved quick successin the world of fashion and has often been in the spotlight on the most-coveted power lists like Vogue Wornen of the Year and Femina's Fabulous 40. With A-list celebrities dressing themselves upin Masaba's designs, she has become the go-to designer whois always on Bollywood's radar. SUCCESSFUL ENTREPRENEUR Over the years, the brand has for64 | BW BUSINESSWORLD | 26 March 2022 other makeup essentials. Adding to her globally trendsetting repertoire, she collaborated with an original HBO series launching the Masaba X GOT capsule collection. The Game of Thrones Masaba collection presented womenswear, menswear, jewellery in designs inspired by its theme and characters. The House of Masaba brand has built a significant presence in both, online and offline retail space catering to women with experimental style sense as well as firm cultural roots. The diffusion label stocks at Juxuryin The House of Masaba brand has built a significant presence in online and offline retail catering to women with experimentalstyle sense as well as cultural roots 26March2022 | BW BUSINESSWORLD | 65 ternational shopping destinations like Essence in Jumeirah; Taj Exoticain Maldives; Vesimi in Dubai; reaching out to the elite clientele in the United Kingdom with Este Couture and Pernia's Pop-Up Studio, taking over the US with Anokhi Ada in Georgia, Desi Couturein Houston, and Adaain Bangkok, these have not only ensured the global presence of her brand, but also proved Gupta's mettle as asuccessful entrepreneur. MULTIFACETED TALENT In 2020, she launched a collection as part ofthe United Nations Environment Programme's campaign, T Will Wear Out Plastic. This year, she went global with the high-fashion brand Louis Vuitton's campaign for its cult-favourite Coussin bag. Guptais the first and only Indian designer to have a series made on her life. The Masaba Masaba Netflix series is inspired by her own personal life and fashion journey that also celebrates her unique and special bond with her mother. The mother and daughter duo won critics acclaim for pleasantly refreshing scenes. Stepping into this new venture, designer Gupta has expanded her horizons raising the bar with her multifaceted creativity and talent. [LJ By RUHAIL AMIN Making A Difference Aditi Gupta, cofounder, Menstrupedia Director, Jio A essing social taoos is the need of the hour. This is especially true when we talk about menstruation and the notions that surroundit. Aditi Gupta, Co-founder and Managing Partner, Menstrupedia has decided to tackle this situation head on in avery creative way. A Jot of us have grown up reading comics and get nostalgic about some characters. Gupta decided to use this very format to educate people, particularlyyounggirls about menstruation, while addressing the taboos around it. She also has an associated blog which has more than 3000 writers, some of them as young as 12. Gupta serves as an inspiration to every woman who wants to question existing customs. [1] URVI The Daring Dreamer Ankiti Bose, Co-founder & CEQ, Zilingo Ao with many acolades, applauses and achievements, Ankiti Bose co-founded Zilingoin 2015, positioning herself as one of Asia's youngest female CEOs. Driven by typical millennialtraits, sheis also in the running to be the first Indian woman to have founded a billion-dollar startup. With her start being rather humble, it was her courage and optimism that helped Zilingo touch its US$970 million valuation today. With the en trepreneurial spiritin her DNA, Bose strives towards creating an impact, rather than building the status. She is often seen quoting how her passion has been instrumental in helping small businesses and empowering women around her.[LJ SOUMYA THE WORLDBANK GROUP An Evergreen Leader Anshula Kant, MD and CFO, World Bank n the banking industry, Anshula Kant was already a well-known name given her seminal work with the SBI for over 35 years. As the CFO of SBI, she has handled assets worth $38 billion and above. Today, she holds the distinguished position of World Bank's CFO and MD, leading to international fame in an erstwhile male dominated finance industry. Her style ofleadershipis one of empathy and inclusion. She has mobilised $157 billion worth offinancingto countries for handling Covid-19. Under Kant, the International Development Assistance (IDA), was able to raise $5 billion. IDA is an armofthe World Bank that provides finance to low income countries at minimal tonointerestrate. [J ARJUN 66 | BW BUSINESSWORLD | 26 March2022 THE POWERLIST The Storyteller Aparna Purohit, Head of India Originals, Amazon Prime Video India T e force behind executing apathbreaking content strategy for the media platform, Aparna Purohit draws her inspiration from stories that transport hertoaworld where she can experience varied perspectives. "I feel privileged to help breathe life into stories and bring them to our customers. My mission has been to provide a platform for fresh, authentic, independent, local stories, told by passionate creators both new and experienced," she comments. Purohitis also committed to building adiverse, equitable, and inclusive creative ecosystem. She believes that when there are women in positions of power, they are able to organically and vociferously push the agenda of equitable representation forward. [LJ SOUMYA MOST WOMEN INFLUENTIAL THE POWER LIST I Alka Mittal. CMD, ONGC I A Giant Leap For Women Being the first woman ever tohead India's most valuable oiland gas PSE, Mittal, CMD Director (HR), breaks the bias towards women inthe oil and gas Sector he oil and gas sector has traditionally seen very low women representation at the management level, especially in India. Alka Mittal, Chairman and Managing Director (CMD) and Director Human Resources (HR), Oil and Natural Gas Corporation (ONGC), twice made history by first becoming the first-ever woman Functional Director (HR) in November 2018 and then getting the additional charge of CMDin January 2022. She became the first woman ever to head India's most valuable oil and gas public sec'Women aspiring to join the top echelons of the energy corporations need to take up challenges, and learn new skills continuously tor enterprise. "I am sure this would serve as a beginning for more women tojoin the top echelons of the energy corporations, which has traditionally been amale bastion. But for that, women need to take up challenges, 26 March 2022 | BW BUSINESSWORLD | 67 learn new skills continuously and have an unwavering sense of selfbelief," says Mittal. HUMBLE BEGINNINGS Mittal began her journey at ONGC as agraduate trainee in 1985. She credits her seniors for the exemplary mentoring and her zeal for learning which helped her grow through the ranks. "I utilised every opportunity that came my way; whether it was heading HR atJorhatin Assam, being Head-CSR, leading skill developmentin the company, or when I was made a member ofthe QMPL Board,' says Mittal. GROOMING WOMEN During her tenure as the Director (HR), ONGC implemented CSR Projects worth over Rs 600 crore in two years in key social areas like healthcare, education, skill development, environment, women empowerment and rural development. ONGC spent over Rs 550 crore on CSR during the pandemic in 2020-21. Mittal has laid great emphasis on encouraging women to take up challenging assignments, including postings in fields and installations so that they build core technical competency to grow to top leadership positions in the company. In 2021, Mittal launched a unique leadership development programme called 'URJASVINT to mentor & groom highpotential women executives for leadership positions. She has successfully initiated and led several far-reaching improvements in employee practices and focused on tapping the opportunities within the workforce to drive productivity and innovation. Mittal says that she upholds sincerity, integrity, ethics and dedication to duty as a professional and a leader. (XJ By ARJUN YADAY MOST INFLUENTIAL WOMEN THE POWER LIST Alka Upadhyaya, Chairperson, NHAL On Road To Nation Building As Chairperson of NHAI, Upadhyaya seeksto leverage her vast experience in the road Sector to give 'Gati to India's infrastructure ne of the Key highlights of the Union Budget 2022 has been the government's focus on infrastructure development. The road sector will play a vital role with the National Highways Authority of India (N HAI) leading the charge. Upadhyaya, as Chairperson, NHALI, with her vast experience in the road construction sector,is at the helm of affairs and is committed to the sector's important contribution tothe natiomsinfrastructure development. Upadhyaya joined the Indian Administrative Service (IAS)in 1990 and has served at various positions in the government of Madhya Pradesh (MP) and Government of India. However, for the past ten years, she has been working in the road sector. Her first experience in the sector was as the CEO of MP Rural Development, followed by Director General, Rural Road Development Authority. Before being appointed as Chairperson, NH ATI, she was Additional Secretary in the Ministry of Rural Development. EMPOWERING WOMEN As the MD of National Rural Livelihoods Mission (NRLM), Upadhyaya 68 | BW BUSINESSWORLD | 26 March 2022 'We are focusing on developing multimodal logistics parks and intermodal stations along with the development of National Highways worked extensively towards creatingruenterprises for women and setting uplarge producer-collectives registered companies. She alsoset upan independentSection-8 Company Foundation for Development of Rural Value Chain' to establish an end-to-end value chain for the development and marketing of products of rural women, farmers and artisans. IMPORTANT PROJECTS AT NHAI Upadhyaya believes that the economic growth of a nation is closely linked with the growth of the road infrastructure there. As part ofthe ongoing Bharatmala Pariyojana, 22 Greenfield expressways and access-controlled corridors are being developed. "With the advent of PM Gati Shakti, Gol has shared its vision of holisticinfrastructure development and enabling easier interconnectivity between road, rail, air, and waterways. We have aligned to this vision and havereimagined the development ofthe National Highway infrastructure. We are focusing on developing allied highway initiatives like multi-modal logistics parks and intermodal stations along with the development of National Highways, says Upadhyaya. 'Parvatmala' -the National Ropeway Development Project has also been recently announced to enhance tourism and lastmile connectivity. [LJ By ARJUN YADAV MOST INFLUENTIAL WOMEN THN TE wen Tr o | FPOW R LIST | URSUTL Ty J BELEN IT After completing four decades at State Bank of India, Bhattacharya took on, and won in, the tech world o ,~"=A';"' i Chairperson & CEO, Salesforce Indic W i B O 5 igital made inclusion possible butit also created a larger divide, accordingto Bhattacharya. For a banker turned tech CEO atthe age of 64, technology may appear tobe asurprise choice butit could also be seen as anatural progression given the work she had already begun at the SBI. Named as the first woman Chair of the bank, where she spent more than four decades, she was credited for not only upscaling the banks technology initiatives but also for prioritising inclusion at the workplace. When she chose Salesforce as her destination next in April 2020, taking on the top job for the company's India operations, her journey coincided with that ofthe digital transformation wave in the country. Her wisdom and foresight were evidentin some of the moves Salesforce made in the last Photograph by Ritesh Sharma year to grow its India business. And she was among those leaders who reminded that while digital was imperative, in India, it was also creating a wider divide that needed a coordinated response. (XJ TEAM BW PT Gopinath is currently theFirst Deputy Managing Director at the Intemational Monetary Fund Indian-Americaneconomist Il opinath she served as the Chief Economist at the IMF from 201910 2022. Born in India, this super-achiever has aPh.D. in economics from Princeton University. She's been the John Zwaanstra Professor of International Studies and Economics at Harvard University. Recently, she led and directed releases of the World Photographby International Monetary Fund Economic Outlook, including forecasts of the impact of the Covid-19 pandemic on the global economy. She co-authored a paper on the Covid-19 pandemic, which helped set globally endorsed targets for vaccinating the world. It also led to the creation of a Multilateral Task Force with the leadership of the IMF, World Bank, WTO, and WHO to help end the pandemic. And a working groupwith vaccine manufacturers to identify trade barriers, supply bottlenecks, and accelerate delivery of vaccines. Gopinath is the recipient of the Pravasi Bharatiya Samman and the Distinguished Alumnus Award from the University of Washington. (1 TEAM BW 26 March 2022 | BW BUSINESSWORLD | 69 MOST INFLUENTIAL WOMEN THE POWER LIST I Debanjali Sengupta, Country Head, Shell Lubricants WN The Power House Having tasted Success in her career, the Country Head of Shell Lubricants India believes mentors are vital tohelp get clarity achieve goals ont be perfect, be brave, is a quote Sengupta lives by. Having tasted success in her career, the Country Head of Shell Lubricants India believes that mentors are important to help get clarity and achieve goals. With their unbiased views, experience sharing and objectivity, mentors help to keep one on track. Outside of work Sengupta helps support girl child education, and works with initiatives that help women from less privileged backgrounds attain financial independence. MAJOR ACCOMPLISHMENTS Talking about her major achievements, Sengupta says, "I have always chosen to pick up a few "firsts" for myself and deliberately taken steps towards #breakingthebias. Iwas India's first woman National Sales Manager for both Lubricants and Mobility business in India, arole which was always dominated by men in the energy industry. I have consistently endeavoured to be a valuable contributor so that it opens uncharted frontiers for more 70 | BW BUSINESSWORLD | 26 March2022 women to walk the path. Itis also gratifying to have led a50S50 gender diverse frontline team with members from LGBTQ community as well, making me further appreciatethe benefitof creating an inclusive environment. As I have moved roles, my biggest sense of fulfilment came when I saw each of my team members growing to on bigger challenges." DEALING WITH CHALLENGES She adds, 'When you are the first in many roles you donot have a handbook toplayby. Thavealwaysdaredtoraisemy hand for an uncharted territorybut not Thave consistently endeavoured to be a valuable contributor so that it opens uncharted frontiers for more women to walk the path everyone is ready to handle empowered women. So, yes, I have had to encounter bias and sometimes work doubly hard to get half the credit. But, as you stay focused at excelling in your work while building a personal brand, you can be delayed but not denied." EQUITY IN DIVERSITY Commenting on the importance of inclusion, diversity, and equity in the workplace, she says, "The organisation needs to have diverse people for better performance and growth. Unless we include and create equity in diversity, we lack the value that it could have offered.' By JYOTSNA SHARMA MOST INFLUENTIAL WOMEN THE POWER LIST I Divya Gokulnath BYJU'S I Educator Turned Innovator As Co-founder of BYJU'S, Gokulnath's focus has been on building an ecosystem to make education accessible and engaging he world's largest edtech company and India's most loved school learning app, BYJU'S was cofounded by Divya Gokulnathin 2011. A University rank holder, Biotechnology topper, and a passionate teacher, Gokulnath encouragesintrapreneurship to keep learning and innovating. A supporter of sustainable growth, she firmly believes, "it isn't the gender that defines a business but the skill and willto do good." After completing her engineering degree in Bengaluru, she started preparing for competitive exams and joined Byju Raveendran's classes as his student. Eventually, Divya and Byju Raveendran, got married and also started a new company together. THE LEARNING APP In 2015, BYJU'S launched its flagship product called The Learning App to provide online coaching to fourth to twelfth class students. It took four years to create this mobile application andithas become the most preferred education app for students across age groups. 26 March 2022 | BW BUSINESSWORLD | 71 SOCIAL IMPACT INITIATIVE In fact,inlate 2020, BY J U'S launched social impactinitiative Education For All that aims to democratiseeducation for some of the most remote geographies and underserved communities in India. Till now, it has impacted over 3.4 million and by 2025, they are hopeful to reach 10 million children. For Gokulnath, the journeyhas justbegun and the sector is full of opportunities to disrupt, influence and create value. A REWARDING EXPERIENCE In her own words, "I strongly believe that failures are just stepping stones; fail fast, win big, and donttake no for 'The sector is full of opportunities. | strongly believe that failures are just stepping stones, fail fast, win big, and don't take no for an answer an answer." Undoubtedly, her hardships led to recognition in the field. Gokulnath strikes a perfect worklife balance by being a doting mother to her sons and by indulging in her passion for singing. Her mother has been a driving force and arole model for her while growing up. She finds helping students explore the academic world an extremely rewarding experience. Since then there has been no looking back and today, she considers herself a teacher first and entrepreneur second. She feels grateful and fortunate to have been able to impact the lives of students around the world. [EX] By RESHAM SUHAIL An Astute Businesswoman Isha Ambani, Director, Reliance Jio Photographs: Courtesy Company Wy? you think of Isha Ambani, you think of Reliance Jio. She holds two board and advisory roles as Director at Reliance Jio and an Additional Director at Reliance Foundation. Considered one ofthe key people to have closed the Facebook dealin 2020, her father has been her role model. Her educational qualifications are impressive, with an undergraduate degree from Yale and an MBA from Stanford University. For now, all eyes are on this young Ambani heiress for her upcoming business win. Alongside her work she doesn't forget to give back to society. In May 2019, she helped setup Elbi, a website to make charity popular and profitable for givers.[D] JYOTSNA Photographs: Company, Netflix_Aneev Rao, Fi L (| El! A | The Creative Dissimilar Monika Shergiii, ve Content, Netflix India QO names will play a role in driving growth for the Indian creative economy. Monika Shergill, who leads the content charter at Netflix India, is among those. Rising from the production house Miditech, to reach Sony Entertainment Television and then Star Indiaat the ime when both the broadcasters were undergoing atransition in their programming agendas, has armed Shergill withthe knowledge of what challenging status quo means. Netflix provided the perfect stage for her to take this combined experience to anew world order where content is democratised and sheis amongthose that enable this. J NOOR 72 | BW BUSINESSWORLD | 26 March 2022 The Benevolent Executive Natasha Poonawalla, Executive Director, Sl N Poonawallais an Indian businesswoman and the Executive Director at the Serum Institute of India (SIT). Over 1billion doses of Covishield have been produced by the SIL. The vaccine has been distributed to low and middle-income countries through the World Health Organizations COVA X programme. Poonawallais also the Chairperson of the Villoo PoonawallaFoundation. Founded in memory of the Late Villoo Poonawal la, it focuses on education, healthcare, sanitation, and more for the community. Passionate about business, philanthropy, fashion, and design, Natasha holds an M.Sc. in Organisational Behaviour fromthe London School of Economics. (XJ JYOTSNA / The Energy Queen Radhika ina, Secretary, Government of Uttarakhand R~ Jhaisis curently the Secretary in the government of Uttarakhand in the Department of Industries and School Education. However, its the energy Sector where her work has been widely appreciated. She is the only woman in the Indian power sector to be Chairperson of three State power corporations. Under her leadership, as Secretary for renewable energy, Uttarakhand formulated an innovative policy for ensuring power generation from pine needles, which were collected from the forest by local women and stored. A simple gasifier extracted power from these high calorific value needles and fed the same into the local grid. [LJ ARJUN Photographs: Danwilcard_Cyrus Poonawalla Group, Furtaev MOST INFLUENTIAL WOMEN THE POWER LIST WEEE Mithali Raj, Cricketer NW A Stellar Knock In October 2019, Raj pecame the first woman to complete two decades in ODl cricket, a feat that has given India's cricketing history anew high n her career spanning more than two decades, Mithali Raj, a popular Indian cricketer, has many firsts to her credit. She has also shown thatin agame thatislargely male dominated, women canbe equal stakeholders. A REGIMENTED UPBRINGING Rajs cricketing career began at a tender age of 16 when she scored an unbeaten Il4 on her One Day Imternational (ODD debut and soon established herself as a new icon of India's batting. As per experts, the roots of her copybook stroke play layin her precocious talent that blossomed under the tutelage of her former coach, the late Sampath Kumar, and a regimented upbringing in an army family. In October 2019, Raj, at 36, became the first woman to complete two decades in ODI cricket. A feat that has given India's cricketing history anew high. HIGHEST RUN-SCORER Raj has now become the woman with most runs in the game, and the only Indian captain in the game of cricket to have led the side to two 50-over World Cup finals. The only major distinction that eludes the incumbent ODI captain is the tag of a World Cup winner. In pursuit of that dream, Raj bowed out of T201Is in September 2019, as Indias highest run-scorer, having last led the side in the format during the 2016 T20 World Cup at home. ANCHORING AN INNINGS Her ability to anchor an innings atthe top of the order in all three formats have inspired two generations of Indian batsmen. Both those skills underpinned her 26 March 2022 | BW BUSINESSWORLD | 73 'Mithali Raj's ability to anchor an innings at the top of the order in all three formats have inspired two generations of Indian batsmen highest Test score of 214,in 2002, and later an unbeaten 9l inthe 2005 ODI World Cup semi-final, a knock she rates at par with her double-century. RUNNERS-UP FINISH Raj surpassed former England captain Charlotte Edwardsin 2017 to become the highest run-scorer in ODIs and the first woman to get 6,000 runs in the format. Her 409-run tally in the tournament was second only to England opener Tammy Beaumont's, while her three fifties and a century were vital to India's runners-up finish. (XJ By RUHAIL AMIN Photographs by PIB, Monica smile MOST WOMEN INFLUENTIAL THE POWER LIST WEE Mira Kulkarni, Founder Forest Essentials WW The Natural Leader Brand buildingis the most difficult task because you chooseto grow much more Slowly, says Kulkarni, Founder and Chief MD, Forest Essentials India ira Kulkarni started her brand when there was no market for freshly prepared ayurvedic products. She created a new segment known as Luxury Ayurveda, which had never been explored earlier. As a successful entrepreneur and leader, her ability to anticipate the needs of her customers has always stood her in good stead. To power down she likes to cook, and spends time with her grandchildren. BIGGEST ACHIEVEMENT When asked about what was the biggest achievement for Forest Essentials India, she quipped, "Our biggest achievementis the fact that we created a completely new segment in the market. There were no high quality premium ayurvedic skincare products in 2001. Forest Essentials started the first Luxury Ayurveda range of products in India." BRAND BUILDING Elucidating on some of the challenges she faced professionally, she said, 'Building ateam over the last 20 years, armed only with a vision and a non-existentbrand has been an uphill task, especially in early 2000 when the market was still to mature." "Brand building is probably the most difficult task because you then choose to grow much more slowly, keeping to the strict parameters of the brand. For instance,it would have been be much easier to grow rapidly in pharmacies and in store locations that we were offered when we started, but we chose to only go for our company owned stores in the most prestigious locations. Even in our hotel] business, we decided to gointo only high-end five star properties, which again reinforced the brand image. It was, for us, a wise decision in the long run, because it builtthe brand, she added. 74 | BW BUSINESSWORLD | 26 March2022 'There were no premium ayurvedic skincare products in 2001. Forest Essentials started the first Luxury Ayurveda range of products in India A STRONG ECOSYSTEM have faced many issues over the years in sourcing our raw materials. Over the last 20 years, we have built a strong ecosystem as far as supply is concerned, both from araw material and packaging perspective. Our green manufacturing facility design ensures azero carbon footprint and the bottling of our formulations in eco-friendly, recyclable and reusable PET bottles and glass jars, has helped reduce the use of plastics by almost 70 per cent," she concluded. (J By JYOTSNA SHARMA MOST INFLUENTIAL WOMEN THE POWER LIST WEE hen one thinks about the leaders who are driving the technology agenda in India, it is near impossible to not include Rekha M. Menon in the ranks. The chairperson and senior managing director at Accenture in India, Menon is a leading industry voice on advanced technology-led innovation and socioeconomic progress. A keen advocate of equality at the workplace, Menon has always prioritised 'people. In aconversation with BW Businessworld, she had once explained that notjust diversity, butequalityis apowerful multiplier of innovation, and research shows that people are more successfulin organisations that have an intentional strategy to create equality. INDIA ON GLOBAL STAGE Asthe country celebrates India@ 75, another factor high on Menon's agendais therole Indiacan play on the global stage. She believes that advanced technologies such as artificialintelligence, the internet of things, big data analytics, extended reality and robotic process automation not only help Indian businesses become more efficient and competitive, creating new opportunities for growth across Sectors but also strengthen India's position in the global innovation ecosystem and bolster the export-oriented IT services industry. "They can also help drive equitable growth through improved access to work opportunities, universal healthcare and education for all but for this, we need to make the right investments, Menon advises. Menon is on the Board of Governors of her alma mater, XLRI School of Business, and two not-for-profits Pratham Books and Akshara Foundation. She is recognised among the top 10 LGBT Ally Executives globally. Before joining Accenture, she was an entrepreneur, and she co-founded two Rekha Menon, Chairperson Senior Managing Director, Accenture In India WW The original technocrat Credited with shaping the technology sector in India, Rekha M. Menon is amongtherare leaders who has nurtured many more Menon is the first woman to take on the role of chairperson of the National ASSociation of Software and Services Companies (NASSCOM) in its 30-year history technology companies and a not for profit. THE MANY FIRSTS Menon is the first woman to take on the role of chairperson of the National Association of Software and Services Companies (NASSCOM) in its 30-year history. Apartfrom NASSCOM Chair, at 26 March 2022 | BW BUSINESSWORLD | 75S present she is also a member ofthe National Council of CIT, and USIBC's India Advisory Council. She is the Chair of the Governing Council of National Skill Development Corporations (NSDC) Sector Skills Council and is on the Boards of NASSCOM Foundation and Invest India. [XJ By TEAM BW MOST WOMEN THE POWER LIST oshni Nadar Malhotra, Chairperson, HCL Technologies, a $11.2 billion global technology company powered by over 198,000 employees, across 52 countries, also wears the hat of chairperson ofits CSR Board Committee. Under her leadership, HCLs commitment and adherence to ESG (environment, social and governance) guidelines over the years has continued to evolve. "We firmly believe the integration of ESGprogrammesinto our strategies and company goals is critical as we charta path towards creating sustainable value INFLUENTIAL Roshini Nadar Malhotra, Chairperson, HCL Technologies Committing To Indias Future Technology, environment, governance, social are thethings that one will find Roshni Nadar Malhotra alludeto while talking about her priorities "This integration of technology with the human spirit has become 'the new essential for ensuring continuity and progress across ecosystems' for our clients, employees, investors, and the communities where we live and work, Malhotra stated during the 29th AGM ofthe company. HCL was named aleaderin the Edelweiss ESG Scorecard and Ratings in the IT/ITES, BFSI and Consumer categories. LEADER WITH A CAUSE Some of these aspects that reflectin the company's ethos have been close to her heart and can be seen in the slew of activities she has been engaged in. A trustee of the Shiv Nadar Foundation that has invested $988 million in nation-building institutions and driving transformational 76 | BW BUSINESSWORLD | 26 March2022 leadership, Malhotrais also the chairperson and driving force behind VidyaGyan. This leadership academy for the economically underprivileged, meritorious, rural students of Uttar Pradesh has been working towards nurturing future leaders from rural India. Even the movie and TV series she has invested in, such as Halkaa that delves into open defecation issues and On The Brink about endangered species, drive home important societal and environmental messages. TECH AS CHANGE AGENT In her address, Malhotrareminded that the pandemic was one of the greatest reaffirmations that science and technology are and will continue to be powerful engines of human progress. "This integration of technology with the human spirit has become 'the new essential' for ensuring continuity and progress across ecosystemns, she said. The radical changes resulting from the pandemic spurred the acceleration of digital transformation in business enterprises around the world, and HCL, withits culture ofideapreneurshipand a vibrant ecosystem of innovation, helped businesses steer through this transition. Its industry-leading performance in FY21, where it exceeded the $10-billion annual revenue mark was apivotal milestone for the company. [LJ By TEAM BW MOST INFLUENTIAL WOMEN THE POWER LIST Srmriti jrani Union Minister B Lad with the Midas Touch The Union Minister for Women and Child Development isknown to be a people's politician, known to keep her word OME PEOPLE they say, are born with the Midas touch. All they touch, turn to gold. Smriti Zubin Irani's Journey through life ee Dasbeensomewhatsimilar to that of the Greek mythological king, be it as an afternoon soap actor or as a Cabinet minister in the Narendra Modi led government. Ms Irani, now Union Minister of Women and Child Development, has previously held the portfolios of Union Minister of Human Resource Develop ment, Minister of Textiles and Minister of Information and Broadcasting. TELEVISION STAR Irani began her career as a television actor and quickly acquired a huge fan base. Her entry into politics was equally smooth. Shejoined the Bharatiya Janata Party (BJP) in 2003 and became a national secretary by 2010. She was soon appointed chief ofthe women's wing of the party. She was then elected tothe Rajya Sabha (Upper House) in 2011 from the state of Gujarat. 26 March 2022 | BW BUSINESSWORLD | 77 She has walked many miles, from a television actor to a Union minister and acquired much admiration in every role she has played THE POLITICIAN When she was Sworn in as a minister 2019, Irani was the youngest cabinet minister at the age of 43 years.The Member of Parliament from Amethi had alandslide victoryin 2019, dethroning her predecessor in the constituency. Since then she has been a front row seat holder in the Lok Sabha. As a politician, she has been Known to fulfil the promises she makes. She is multilingual and is proficientin Hindi, Bengali, Marathi, Gujarati and Punjabi. Her first book Lal Salaam, published in 2021, is based on the 2010 Maoist attack in Dantewada and the role of central police agencies. Yes, Smriti Irani has many feathers to her cap and she has been showered with many national and international awards. Her role as aleader has been acknowledged by the World Economic Forum (WEF) and USAID, among others. Smriti Iran is a source of inspiration tomanyyoung women around the world, assomeone who has fulfilled not just one, but many dreams, without ever having tolook back. Irani has always stood up for herself and for women, be it in Parliament or beyond it. Yes controversies have touched her too, but she has always emerged unscathed and been able to hold her head high. Even though she first acquired fame as an actor, she is now admired as a people's politician, known to Keep her word. (J By URVI SHRIVASTAV Photograph by HimanshuKumar MOST INFLUENTIAL WOMEN THE POWER LIST name that has been part of India's automobile sector for over 25 years, Sulajja Firodia Motwani is among the entrepreneurs who have not only seen the Indian auto sector evolve and grow but has actively contributed to the form it currently takes. Motwani describes her Journey as "learning with many ups and downs" but her dream is to "have a Kinetic vehicle in every household in India and to take the company's products to the world" The founder and CEO of Kinetic Green and the vice chairperson of the Kinetic Group, Motwanl's commitmentis to make a difference to India. "This purpose not only keeps me awake at nights, but 1 wake up excited each day to keep working hard towards it. Entrepreneurshipis a journey fraught with risks and failures. But itis also fulfilling in being able to make adifference and bringing the satisfaction of creating something. I find that perseverance and self-motivation are critical to the everyday quest, says Motwani. THE EARLY EV ENTRANT A key landmark for Motwani came in 2013, which marked Kinetic Green's entry into the electric vehicles (EV) sector. "We showed courage, commit of an exciting period for e-mobility. "We can confidently say that as India celebrates this milestone, it has also embarked upon a massive disruption in its mobility sector. With this e-revolution, we will see a greener, cleaner India, with reduced pollution in its cities, lower transportation cost for citizens, and a global leadership position in the new EV technology." The Indian government has unFounder & CEO, Kinetic Green Vice Chairperson Kinetic Group WW Towing with the beat Motwanihas seen the highs, the lows andthe sharp transition of the Indian autosector,not as a Spectator but as an active contributor ment and passion when we committed ourselves to this technology. We sold thousands of EVs in various innovative ways, she recounts. "One of the most rewarding experiences was when we partnered with the UP government to give 10,000 erickshaws to cycle rickshaw pullers. It transformed their lives. From earning ameagre Rs 200 a day, they now earn over Rs 1,000. Their health, economic and social standards, all improved with this, adds Motwani. As independent Indiaentersits 75th year, she believes this is the beginning 78 | BW BUSINESSWORLD | 26March 2022 leashed a massive focus on electrifyingits transport sector, with a focus on electric two-wheelers, three-wheelers and buses, which are the vehicles used by over 85 per cent of the Indian population. "With these segments going electric, green mobility will be brought to the masses and our crowded cities will see reduced emissions. India is also the world's largest three-wheeler market and second-largest two-wheeler market. Thus, mass production in these spaces will lead to the Indian EV and EV component sector achiev "Entrepreneurship is a journey fraught with risks and failures. But itis also fulfilling in being able to make a difference and bringing the satisfaction of creating something' ing global scale, even becoming asupplier to the world with Made in India components. I am excited that Kinetic Green is emerging as a front runner in this revolution; states Motwani. CONTINUING THE LEGACY Taking forward her family's history of introducing innovation, the EV technology was not only a pivot that opened up a massive growth opportunity for Kinetic but also made a wider impact. "We work on the Make in India principle for technology creation, developing a manufacturing and supply-chain ecosystem, bringing innovative, advanced yet affordable vehicles to the consumers in India and the world." On the gender parity point, Motwani firmly believes that wornen in the workforce face additional challenges. 26 March 2022 | BW BUSINESSWORLD | 79 "Women are expected to spend more time with their family members. They do not encourage women to travel extensively for exploiting business opportunities. People hesitate to invest money in the business venture initiated by women entrepreneurs. The world, however, is changing. Citing her experience, she advises, "The automotive worldis highly maledominated but in a business meeting, my voice is heard. Be relentless in your pursuit. The way to succeed your business idea is to align it with the social needs of the country and benefit people at large." EJ By NOOR FATHIMA WARSIA THE ACHIEVERS Donning Multiple Hats Ashu Suyash, Independent Director HUL Ax Suyash was apointed as an Independent Director on the Board of Hindustan Unilever Limitedin Novernber 2021. A Chartered Accountant from the Institute of Chartered Accountants of India, Suyash has more than three decades ofexperience inthe financial services and global information services sector. She was, until recently, the CEOand MD at CRISIL ~ and amember of the Operating Committee of S&P Global. She led CRISILs growth through acquisitionsin a challenging environment. Suyash serves on advisory boards and committees of institutions like the Sebi, Insolvency and Bankruptcy Board of India, and National Institute of Securities and Markets. (LJ KAVI Photogrophs: Alexraths, Twitter@mohuaacharya INFLUENTIAL AClass Apart Harshbeena Zaverl, Vice Chairman and MD, NRB Bearings arshbeena Zaveri has ensured thatone third of her employees are under the age of 30, as she feels the younger generation can deliver and attain great heights. A graduate of the Wellesley College in Massachusetts, Zaveri got an idea in 1997 that the Board thought was crazy. She wanted the company to set up its own R&D centre. The decision transformed the company and has allowed NRB Bearings to compete very well with multinational rivals. In the present day a large number of bearings NRB makes are custom engineered and custom made. Zaveri is now able to work with the engineering team and go through computer aided designs of their bearings. (1 KAVI Driving Change Mahima Datla, MDECEO, Vaccines and Branded Formulations, BiologicalE M Datla, a name that has been instrumental in project management, building quality systems and driving operations at the company, engages with the Gol and Gavi, the Vaccine Alliance , on public policy. She has a Bachelor's degree in Business Administration Management from Webster University, London. Her thought process has always been to move forward, overcoming challenges. The Federation of Asian Biotech Associations (FABA) conferred upon her the Dr. B.S. Bajaj Memorial FABA Special Award-2022 for introducing Corbevax vaccine in augmenting the global fight against Covid-19. (J KAVI 80 | BW BUSINESSWORLD | 26 March2022 A Green Affair Mahua Acharya, MD CEO, CESL 1 =! e 3 4 M ahua Acharya, MD and CEO of Convergence Energy Services Limited (CESL)is not just making amark in the energy sector but looking to provide leadership in new fields of electric vehicles (EVs) and renewable energy. A subsidiary of Energy Efficiency Service Limited (EESL), CESL is looking to be the catalytic financer in the EV space. Acharya Serves as a perfect candidate, with over two decades of experience in green finance, renewables, and carbon markets. She has proven to be a visionary and a leader with a niche and laser focus, to which her life bares testimony. She inspires women world over to believe in their vision, while taking calculated risks. (J URVI MOST WOMEN INFLUENTIAL THE ACHIEVERS WEEE ooted in the very fibre of our country is the indigenous talent of our communities nurtured over generations. The onus is on us, as custodians of the Indian textile heritage, to ensure it reaches international consumers and captures global acclaim, says Dipali Goenka. The CEO and joint managing director of Welspun India, Goenka believes that as India celebrates 75 years of independence, the textile and apparel industry is among the biggest growth Dipali Goenka, CEO & Joint MD, Welspun India B "Respect the equal contributor" While thereis much to celebrate for India@75, expectations regarding gender roles must change, Says Goenka who runs her business on her terms f B "We adopted the philosophy of growth with responsibility laying a roadmap for businesses to not just take on environmental and Social issues but to effectively solve them" drivers of the economy, accounting for around 5 per cent ofthe GDP and 12 per cent ofits export earnings. "In cotton home textiles, India is a leading player in the world with more than 46 per cent of towels and 59 per cent of sheets being exported to the US from India. Welspunis the largesttowel and bed sheet player globally and is the highest among them with one in four towels and one in seven sheets sold in the US, made by us. Welspun supplies to 17 of the world's top 30 retailers and has a distribution network spanning over 50 countries, informs Goenka. LEADING BY EXAMPLE Stating that the textile sector will continue to play an integral role in the country's economic revival, Goenka 26March2022 | BW BUSINESSWORLD | 81 argues that leaders and entrepreneurs have a bigger role to play in supporting the government's Atmanirbhar drive and becoming a $5 trillion economy by 2025. She says, "Over the past decade, Indian entrepreneurship has received a major fillip due to policy reforms, taxation policies, technological talent pool, etc. Welspun India is humbled to be a key player in the domestic textiles and apparel industry. A BIGGER IMPACT In the next normal, there is a need to adopt a fundamental approach to purpose in business, delivering community impact initiatives and focusing on ESG (environment, social, governance). "We adopted the philosophy of growth with responsibility laying a roadmap for businesses to not justtake on environmental and social issues but to effectively solve therm, says the Welspun Indiaa CEO. She cautions though that expectations regarding gender roles must change. "Women are multi-taskers but the men of the family need to start taking up more responsibilities in the daily household affairs. Women deserve the respect of equal contributors." [IJ By NOOR FATHIMA WARSIA MOST, THE ACHIEVERS The Fearless Giant Nisaba Godrej, Executive Chairperson, Godrej Consumer Products ore often called Nisa, Nisaba Godrej is not your average Indian enterprise leader. Even before she was given the charge of Godrej Consumer Products Limited (GCPL) as its Executive Chairperson in 2017, her strategy revolved around questioning how things are done. Under her leadership, GCPL not only set new market defying trends but also became an India-born giant known for its inclusive culture and sustainable efforts globally. Her penchant for holistic growthis evidentin GCPLs currentscenariothatscores well on everyrevenue count while making a larger difference to the countries it operates in. [J NOOR Taking Initiatives Proactively Radhika Gupta, MDE CEO, Edelweiss AMC H started her career with McKinsey & Company as a Business Analyst, Gupta was apart of the global asset allocation team at AQR Capital Management, LLC, as Portfolio Manager. She started at Edelweiss Global Asset Management as Business Head of Multi-strategy Funds. Being extremely talented and committed to her work, she founded Forefront Capital Managementin 2009, which was acquired by Edelweiss Financial Services Limited in 2014. In 2016, Gupta assisted with the acquisition of Ambit Alpha Fund and acquisition of the onshore business of JPMorgan Asset Management. She has been instrumentalin creating new horizons through her positive attitude. (J KAVI Leading By Example Renuka Ramnath, Founderand CEO, Multiples Alternate AssetManagement For close to three decades in financial services, Renuka Ramnath successfully built several businesses in the ICICI Group including investment banking, ecommerce and private equity. As the MD & CEO of ICICI Venture for almost 10 years, she made the firm very successful in a holistic manner. Ramnath has played a major role in shaping the Indian private equity market. She set up Multiples in 2009. Multiples is a US$ 1 billion independent private equity fund thathas the rare distinction of being backed by 17 Indian and global institutions. J KAVI 82 | BW BUSINESSWORLD | 26 March2022 Caring For Life Samina Hamied Executive Vice Chairperson, Cipla Qian mies amultifaceted leader in her own right. Besides being the Executive Vice Chairperson of Cipla, she also represents the third generation of the founding family of Cipla. She is the granddaughter of Khwaja Abdul Hamied whofounded Chemical, Industrial and Pharmaceutical Laboratories (Cipla) in 1935. She likes participatingin half-marathons, and holds a Master's degree in International Accounting and Finance from the London School of Economics and Political Science. She is goal-oriented, disciplined and passionate about caring'. Therefore, it is no surprise that Hamied was among the six Indian Pharmaceutical Alliance bosses to have worked with ICMR. @ ASHISH Photograph: Umesh Goswami MOST WOMEN THE ACHIEVERS ven though she hails from alegal background, Pallavi Shroff was always interested in business. So much so, that after her graduation, she enrolled at Jamnalal Bajaj Institute of Management Studies in Mumbai. "Towards the end of the final year, I got engaged to Shardul (S. Shroff). Soon, I realised law was ajealous mistress. I did not want to compete for his time, so Ijoined him by studying law." That was a simple start to a career spanning four decades, during which INFLUENTIAL Pallavi Shroff, Managing Partner National Practice Head, Dispute Resolution, Shardul Amarchand Mangaldas & Co 1 "If not given, ask for 1t' Shroff advocates patience, determination and grit put she advises to not let an opportunity pass ifitisnot given, then go ask forit Shroff has been regarded as one of the first competition law specialists and consistently counted among India's most influential women. THE INSPIRATIONS AT HOME Shroff's journey has been an inspiration to young women but her source of inspiration was right next to her. "I have been inspired by my father and father-in-law. My father was the ultimate role model of how one should live life with humility and compassion. I try to live by this philosophy. His hard work, quiet and equanimity in the most difficult situations are awe-inspiring." Her father-in-law has been her 'professional life' inspiration. "His insight into matters, lateral thinking, depth of knowledge and ability to put everything together with ease and simplicity was phenomenal]. He mentored me to achieve this." From her mother-in-law, Shroff learnt how to manage a home and acareer at the same time and her mother is an inspiration even to this day. "She started her small home food catering business atthe age of 90 after my father passed away and for the last five years, she has been running her home kitchen catering tirelessly, says Shroff. 26 March 2022 | BW BUSINESSWORLD | 83 "Women are contentious and hardworking and perhaps more efficient. They need mentors who can guide them in difficult situations in their lives and careers" CREATING OPPORTUNITIES As independent India marks its 75th anniversary, Shroff believes that wornneed more opportunities. "If this is done and unconscious biases are checked, women will rise. Women are contentious and hardworking and perhaps more efficient. They need mentors who can guide them in difficult situations in their lives and careers. Respect for women has to be top-down, she explains. As for her advice to aspiring women lawyers, itis as straightforward as most of her perspectives. She says, "IfI could doit, socan you. Believe inyourself and there is nothing that you won't be able to do. Have patience, grit and determination. Grab every opportunity you get. If that opportunity is not given to you, go and ask for it" [LJ By NOOR FATHIMA WARSIA MOST WOMEN INFLUENTIAL THE ACHIEVERS WWE rom PwC to IBM and then Adobe, throughout the 25plus years of her professional experience, Prativa Mohapatra has always been associated with brands that haveinspired her to excel ateach stage of her career. "My journey has been full of highlights, bringing me to my most exciting chapter yet, whichis leading a fantastic organisation like Adobe India, says the first woman managing director of the company in India. Looking back, for her, it was her Prativa Mohapatra, Managing Director, Adobe India = A path to climb and grow Mohapatra's experience spanning over two and ahalf decadesnow prepares her forthe most "exciting chapter yet' 'never-give-up' mantra that served as a driving force. "Whenever against a brick wall, I tend to think of alternative and creative solutions. I view speedbumps as the inevitables that help build character and a value system, develop analytical thinking and instil a mindset that seeks all opportunities to succeed," says Mohapatra. WOMEN IN INDIA@75 The managing director of Adobe India firmly believes the society as well as the workforce in the country have become more inclusive. "Over the years, T've seen women feel more empowered to make their life choices and thrive as mothers, homemakers, artists, sports players, officers, entrepreneurs, functional leaders, CXOs and more. However, we still have along way to go, she states. Mohapatra cites several instances to make her case. The success of girls in STEM as opposed to very few women occupying roles as CFOs or business unit leaders is one such point. She points out, "Women-led unicorns or companies going for IPOs are few. Women mustbe given opportunities to prove their mettle in financerelated roles, and actively build their business acumen." 84 | BW BUSINESSWORLD | 26 March 2022 "My journey has been full of highlights, bringing me to my most exciting chapter yet, which is leading a fantastic organisation like Adobe India" MORETO BE DONE Workplace sensitivity and out-of-thebox thinking on the various life stages as well as physiological changes that are unique to women must be thought gh as well. Traits such as empathy, accessibility, personal touch and authenticity should be encouraged. "Organisations must wake up tothe fact that simply hiring more women is not the answer to solving gender imbalance at the workplace. They must adopt a holistic approach to diversity and inclusion through aspects like unbiased hiring procedures, embracing diverse leadership styles, offering pay parity, and providing equal opportunities for everyone to succeed,' advises Mohapatra. (LJ By NOOR FATHIMA WARSIA A Front-runner Suparna Mitra, CEO Watches & Wearables Division, TitanCompany Wi extensive business acumen, Suparna Mitra is a sales and marketing veteran with close to 30 years of experlence. Her exposure through marketing roles over the years has helped her cement Titan's presence in domestic and international markets. A disruptor by nature, Mitra believes in creating memorable experiences for her consumers. She also envisions a society where women enjoy an egalitarian status and do not hold back to their ambitions. On the personal front, she is an avid reader, an enthusiastic traveller and takes pride in her personal collection thatis quintessentially and singularly Titan. [1] SOUMYA WOMEN Standing Strong Upasana Taku, Chief Operating Officer Co-founder, MobiKwik ndia's largest independent mobile payments company, MobiKwik was founded by Upasana Taku and Bipin Preet Singh in April 2009 when Indiawas a 100 per cent cash economy. Hailing from amiddleclass family of Kashmiri Pandits, Taku graduated from the National Institute of Technology with a degree in Industrial Engineering. Pursuing a Master's from Stanford University pushed her to take the entrepreneurial plunge. Before establishing MobiKwik, Taku was associated with HSBC and PayPal. Today, Taku is an inspiration to many. She has been immensely recognised for her contribution to India's digital landscape. [XJ RESHAM A Corporate Maestro Vibha Padalkar, MD and CEO, HDFC Life Vi Padalkar, one of the main decisionmakers in the company, always alms to revive the investment and boost consumption at the macro level. Under her leadership, HDFC Life has reached heights and she injected the diversity agendain the company. Recently, the standalone net profit of the company for the quarter ended December rose 3.2 per cent to Rs 273.65 crore from Rs 264.99 crorein the corresponding quarter last year. Over the years, Padalkar has been the recipient of various accolades, however, what remains constantis her passion and dedication towards her duties. [LJ ABHISHEK 26 March 2022 | BW BUSINESSWORLD | 85 MOST WOMEN INFLUENTIAL THE ACHIEVERS WEEE Zarin Daruwala, Cluster CEO, India South Asia markets, Standard Chartered Bank & The turnaround master Turning around the Standard Chartered story in India, Zarin Daruwala is optimistic aboutthe changes she sees tandard Chartered (SC) India was the secondlargest contributor to the group's global profitsin 2020 andis among its top three franchises for income and profits in 2021. This factis interesting when compared to 2016 when the bank posted large losses and lagged across businesses. This was the year Zarin Daruwala took charge. Her immediate mandate was rebuilding existing businesses like corporate and institutional banking to make it stronger and sustainable and scaling up the retail banking business with cutting edge technology, competitive products and sharper client focus. RELENTLESS EFFORT Daruwala had to plan and deliver a transformation that included diverse areas of business, risk, governance and culture, and she continues to do this. "The last six years have been tough but rewarding. We have turned around the business and posted an impressive set of results across. The bank is back to sustained growth and profits. This is ajourney without full stops though, so there's always a "Glass ceiling exists within women. We as women need to shed self-doubts and organisations need to accept that women wear many hats" lot more to do, she says as she looks back. INDIA@75 THE POWERHOUSE Today, the cluster CEO for India and South Asia markets including Bangladesh, Nepal and Sri Lanka at Standard Chartered Bank is bullish on India's digital prowess. "Digitalis atremendous source of competitive strength, and the government looks to grow its contribution to GDP from 8 per cent to 20 per cent in five years. With some of the largest public digital platforms in the world such as Aadhaar and UPI, democratised data access and a strong digital infrastructure, coupled with being home to a fourth of all engineers globally, are tailwinds for India to grow as a technological 86 | BW BUSINESSWORLD | 26 March 2022 powerhouse." THE BIASES WITHIN Reflecting on women's inclusion in India, Daruwala says bias and glass ceilings exist across industries in India and abroad. Some manifest through assumptive biases and cultural stereotypes, some industries have lower women representation, and across sectors there is lower representation in top management and board positions for women. "Glass ceiling exists within women. We as women need to shed self-doubts and organisations need accept that women wear many hats. Women's ability to Juggle multiple roles is a strength and as leaders, we must help therm maximise it, says Daruwala. [J By NOOR FATHIMA WARSIA THE FRONT LEADERS I People's Leader Annpurna Devi, Minister of State for Education AP -time MLA from arkhand and Bihar, AnnpurnaDev is currently serving her firstterm as MP. Sheisthe second Lok Sabha member from the state to have joined the Union cabinet after tribal affairs minister Arjun Munda. Devi represented the Koderma assembly seat on four occasions and was also a minister in the Hemant Soren governmentin 2013. The current Minister of State for Education won a popular mandate because of her contribution towards social welfare and working for the betterment of people in need. Devi believes thatthe teaching and learning of Indian languages should be integrated into schools and higher educational institutions. tL] ABHISHEK Photographs: PIB, Macrovector, Ritesh Sharma Holding Sway Over Eastern UP Anupriya Singh Patel, Minister of State for Commerce Industry Ar nupriya Patel is the inister of State for Commerce and Industry in the Modi 2.0 government. In the first government, she was the Minister of State for Health and Family Welfare. Her party Apna Dal (Sonelal), of which she's the President, is a key ally of the BJP in Uttar Pradesh. She represents the Mirzapur constituency in the Lok Sabhaand has asignificant influence over the Patel community in eastern UP. The BJP is banking on her party's influence in the region for the 2022 polls. Patel has been a vocal proponent of empowering wornen and their participation in the public sphere. [LJ ARJUN Razor Sharp Economics Anuradha Thakur, Additional Secretary, Ministry of Corporate Affairs Ar adha Thakur is an officer of the IAS and is currently the Additional Secretary in the Ministry of Corporate Affairs. She has vastexperience in corporate management and was the advisor in the World Bank for three years. Since 2017, due to her proficient understanding of the economy, she has been on central deputation. Shewas the Joint Secretary in the Department of Investment and Public Asset Management for nearly three years. Her scholarly work has focused onthe importance of city regions and metropolitan governance and how attention needs to shiftto theseifthe economicpotential ofurban areasis tobe realised. (J ARJUN 88 | BW BUSINESSWORLD | 26 March 2022 A True Fighter Atishi Marlena, Member of Delhi Legislative Assembly A CPs meadec woman nd a focused politician, Atishi Marlenaspeaks her mind and puts across her views on several social issues. Marlena, an Aam Aadmi Partyleader and a member of the party's Political Affairs Committee (PAC), is not just fighting elections but a political environment ruled by sexist men. "Politics is the only meansto achieve large scale and longterm change,' says Marlena. Her politics is fo cused and driven by the issue of education. She is teaching fellow politicians howto make a positive impactin the lives of people. She played an important role in revamping Delhi's education systern. (J ABHISHEK FF Grassroots Politician Darshana Vikram Jardosh, State Minister for Railways & Textiles D arshana Jardosh represents the Surat constituency in the Lok Sabha and is currently serving her third term. In the most recent Cabinet expansion in July 2021, Jardosh took oath as the Union State Minister for Railways and Textiles. Surat has been her political bastion. She first became the Corporator there in 2000 and since 2009 has been representing the city in the Lok Sabha. As the textile minister, she has been vocal about internationalising the Indian technical textile industry. As the railway minister, the important Char Dham Project willbe under her review. (LJ ARJUN Photographs: PIB, Ritesh Sharma Captain Of The Ship H.K. Joshi, cuo, The Shipping Corporation of India Ltd. A A leading business leadr, Harjeet Kaur Joshi joined the Shipping Corporation of India in 2019 as Chairman and Managing Director (CMD) and after that, there was no looking back for her. Interestingly, Josh is the first woman to hold that position in India's largest and most diversifled shipping company. As the first female to lead, Joshi has had an impressive career and journey. She joined as Director (Finance) of the Shipping Corporation of India on February 5, 2015. Before that, Joshi was General Manager (F&A) in Oil and Natural Gas Corporation. Specialised in Financial Management, Joshi's career has stretched over a span of three decades. (J ABHISHEK AWoman Of Substance Meenakashi LekKhi, Min of State for External Affairs Culture tanding tall in a maledominated political sphere, Meenakashi Lekhi is notjust aleader who witnesses the decision, she is part of the decision-making process which has a directimpact on the lives of people. The current Minister of State for External Affairs and Culture is actively involved in providing every possible assistance to stranded Indians in the ongoing Ukraine crisis. Apart from her involvementin social work, organisations working towards the protection of the rights of women and children, LeKkh is astellar orator with a strong attitude, favouring the crucial policies of the government. (J ABHISHEK 26 March 2022 | BW BUSINESSWORLD | 89 One Woman Army Punita K. Sinha, Founder, Managing Partner & CIO, Pacific Paradigm Advisors P~" Sinha played a crucial role to fortify corporate governance in the country by applying best practices from around the globe and inventing comfortable ways to deal with complex India-specific rulesandregulations. From one of few women in her class at IIT Delhi, the first Indian woman to do a PhD in Finance atthe Wharton School to one of the first Indian woman global fund managers, her journeyisremarkable. Currently, Sinha is Founding Partner of Pacific Paradigm Advisors, an independent investment advisory focused on Asiaand Chairperson of InCred AMC. She has been an independent Director for Infosys, JSW Steel, Blackstone Embassy REIT, to name afew. [T ABHISHEK MOST WOMEN INFLUENTIAL THE FRONT LEADERS WEEE Leena Nandan, Secretary, Ministry of Environment, Forest and Climate Change B Spearheading India's Climate Action Plan As Secretary of MoEFCC, LeenaNandanis finetuning India's climate action plan to speed upits fight against the climate emergency here's no doubt that world over the momentum towards climate action is at its peak after the COP26 Summit in Glasgow last year. In India, the Ministry of Environment, Forest and Climate Change (MoEFCC), under the leadership of Leena Nandan,isenhancing Indias climate action framework to help India meet its climate commitments. ONGOING INITIATIVES As Secretary, MoEFCC, Nandan has several planned /ongoing initiatives. This includes enhancing forest cover in degraded forest land through community involvement and ownership, developing and mainstreaming biodegradable alternatives to plastic and devising innovative financial instruments for funding climate change adaptation and mitigation measures in critical sectors. RENEWABLE ENERGY GROWTH On India's energy transition drive, Nandan says, "India is leading the way in fulfilling the commitments under the Nationally Determined Contributions (NDCs), whichinclude achieving 40 per 90 | BW BUSINESSWORLD | 26 March2022 cent ofits cumulative electric power incapacity from non-fossil-based energy sources by 2030, and reducing emission intensity by 33-35 per cent in 2030 against the levels of the year 2005." She adds that the country has one of the highest growth rates for renewable energy globally and its renewable energy programmes are poised to attract more investments. SELF-HELP GROUPS Being part ofthe Indian Administrative Services (IAS), Nandan has served in various positions throughout her career. Most notably, as the Director of Uttar Pradesh Women Development CorpoAs part of its NDCs, India has committed to achieving 40 per cent of its installed electricity capacity from non-fossil energy sources by 2030 ration in 1995, she focused on mainstreaming the concept of mobilising rural women through self-help groups for self-employment and income generation, which significantly contributed towards the rural self-help movement in Uttar Pradesh in the 90s. In 2002-03 as Project Director of National Leprosy Elimination Mission for Uttar Pradesh, she mobilised school children in the mission for early detection and timely treatment. With the successful involvement of schools in Uttar Pradesh, the first stage identification of leprosy patients was brought to rural households in the villages of Uttar Pradesh and was rTecognised as apioneering effort. (J By ARJUN YADAV THE FRONT LEADERS WEEE Top-notch Work Pushpa Subramaniam, Secy, Ministry of Food Processing Industries KR for her acve presence on the ground, PushpaSubramanyamis an Andhra Pradesh (now Telangana) cadre, IAS of the 1985 batch. In her earlier work, Subramanyam has been very active in the fleld and made quite an impression on cotton farmers of various southern and western Indian states. She took charge as a Secretary inthe Ministry of Food Processing in 2018. Since then, her efforts for cold chains or involvementin concepts of mega food parks, food safety and quality standards are commendable. From Pradhan Mantri Kisan Sampada Yojanato agro-processing clusters or operation greens, her contribution in the field is unmatched. (J ABHISHEK Photographs: Bigmouse, PIB, ARay Of Hope Renuka Singh Saruta, Minister of State for Tribal Affairs nion Minister of State for Tribal Affairs, the name itself highlights Renuka Singh Saruta's expertise and duties towards the tribal people whichis often considered as the neglected population. Saruta started her career as the first woman president of Ramanujnagar Mandal, Chhattisgarh of the BJP in 2000. She alsoserved in the Samaj Kalyan Board from 2001to 2003. Known as a people's leader, especially in tribal areas, Saruta in the past highlighted the plight of the poor people and raised demand for ration cards, sulabh shauchalayas (public toilets) and schools for them. Currently, Sarutais acting as abridge between the tribal population and government machinery. [LJ ABHISHEK A Breath Of Fresh Air Sadhvi Niranjan Jyoti, Minister of State for Rural Development orn in a rural labour family in Uttar Pradesh, Sadhvi Niranjan Jyoti understands the struggle of every Indian, especially the middle-class family in rural India. The current Minister of State for Rural Development has tirelessly worked towards the welfare of the society with special attention to the rural sector. Her pas sion for mass politics and religious expertise makes for a potent combination and abreath of fresh air. Jyoti works forthe upliftment of the poor children (she helps in marriages of poor girls) and vulnerable people along withthe protection of cows and the environment, besides advocating and promoting social and cultural values. [LJ ABHISHEK 26 March 2022 | BW BUSINESS WORLD | 91 [ A Lone Warrior Pratima Bhoumik, MosS, Social Justice & Empowerment Pratima Bhoumik, Tripura's only politician in Centre and new Minister of State (MoS), Social Justice and Empowerment has come along way and is continuously working for the welfare of people. Bhowmik, popularly known as 'Pratima di' scripted history when she became the first politician from Tripuratobe swornin as acentral minister. Prior to this, Bhowmik was the General Secretary of the Tripuraunit of BJP. Bhowmik has been with the BJP since 1991. Coming from a humble background, she practices farming. Bhowmik once donated Rs 100,000 from her first month's salary for Assam flood relief. (J ABHISHEK THE FRONT LEADERS Eg An Efficient Administrator Shobha Karandlaje, MoS for Agriculture Farmers Welfare hobha Karandlaje is among the seven women MPs who took over as Umion ministers in the Modi governments most recent Cabinet expansion in July 2021. She is the Minister of State for Agriculture and Farmers' Welfare. Her political growth began after being elected as an MLC in Karnataka in 2004. In 2008, when the BJP formed its first governmentin Karnataka,she was made a minister. She also became the first woman to handle the energy portfolio and was given credit for handling the power sector. She has strong roots in the Sangh Parivar and has a public image of being an efficientadministratorand a firebrand politician. (J ARJUN Leading India's Largest State Usha Sharma Chief Secretary, Rajasthan n January 31, 2022, Usha Sharma was appointed as the Chief Secretary of Rajasthan and becarne the second woman ever to hold the top bureaucratic postin the state. She was on Central deputation in New Delhi since 2012. Sharmasinfluence and understanding of Rajasthan's polity can be estimated by the fact that she has been transferred to her parent cadre in Rajasthan by the Centre on the request ofthe state government led by Ashok Gehlot. The appointment gains significance becauseitcomes ayear before the 2023 Rajasthan Assembly elections. Sharma, in the past, has worked in Rajasthan in areas spreading across urban development, textiles, tourism, agriculture and energy. [ ARJUN T MOST INFLUENTIAL WOMEN GUEST COLUMN | B By Susan Ferguson Women Can Transform India's Post-Covid Recovery N WOYEARS AGO, we were only adecade away from the deadlines set by the Sustainable Development Goals (SDG) for ajust and equal world. Then the Covid-19 pandemic erupted, threatening to reverse many of our hard-earned wins across the global agenda. The 2030 agenda aims to transform economic, political, environmental and social landscapes. While progress was erratic, the pandemic dealtit abig blow. Many peoplelost their livelihoods, and at apace we never thought we would witness in our lifetimes. The most affected were also the most vulnerable women and girls, particularly those from poor and marginalised backgrounds. India has played an exceptional rolein shaping the SDGs and it remains critical for the country to continue the work to meet the targets. We need to continue to level the field by addressing challenges such as accessibility and affordability of education, and existing social and cultural biases thatprevent women and girls from benefiting from the advances the countryis makingin terms of financial and digital inclusion. In line with Prime Minister Narendra Modis vision of 'Sabka Saath Sabka Vikas' (Collective Efforts, Inclusive Growth), there's a great opportunity for Indian women to play a transformational role in the post-Covid recovery and rebuilding process, including stepping up measures on the ground to respond to nutrition and food insecurities, livelihoods and healthcare needs of rural communities, and so on. Over the last one decade, women-led grassroots initiatives have played a key role among low-income and rural communities in India. These women's cooperatives and Self Help Groups (SH Gs), which came into being over a decade ago as an experiment in wormen's financial inclusion and empowerment, have proved to be a vital resource during the lockdowns. For example, Bank Sakhis, or women from local SHGs who work as banking intermediar94 | BW BUSINESSWORLD | 26 March 2022 There''s alot we can do to level the field for women through our everyday actions whether it's by some 20,000 SH Gs across 27 Indian states, in addition to over 100,000 litres of sanitiser, and nearly 50,000 litres of hand wash soap. Since production was decentralised, these items could be distributed easily withoutthe need for complex logistics and transportation. Women's collectives also helped connect to far-flung rural communities to disseminate various Covid-related messages throughinnovative approaches. The pandemic, and low internet penetration in remote and poorer communities, meant these communities were cut off from the rest of the country during the first chaos of the recognising and removing unconscious biases Or being pandemic and the lockdowns. vocal supporters of gender equality ies, have continued to provide doorstep banking services to far-flung communities. They have distributed pensions and helped the most needy to access credit through direct benefit transfers. Banks have given these women special training and provided them with financialincentives to enable them to continue to work during the lockdown. Women SHGs have also helped address protective equipment shortage in the initial months of the pandemic. The Mask for India platform originated at the time to bridge the gap between the supply and demand of cotton, reusable masks during the pandemic. Women from various SH Gs played an important rolein meeting shortfallsin masks, sanitisers and protective equipment. In Odisha, for instance, poor rural women who were once engaged in stitching school uniforms, produced in afew weeks more than a million cotton masks, helping equip police personnel and health workers, while also earning an income for themselves. More than 19 million masks have been produced Photographs by UN WomenlIndia Megha Mandali, a cooperative of 1,000 tribal women farmers in Tapi district in southern Gujarat, developed a training programme that could be delivered through mobile phones via conference calls. To kickstart the project, initially 20 master trainers were trained, and each of them trained 140 community leaders and members. The initiative connected these communities to the larger Covid information pool, while also equipping local women with new skills to be able to use digital tools for community service. The success of these women-led initiatives also show that a partnership with the Indian government in building social capital among the rural pooris crucial. mdias SHG movement has evolved from small savings and credit groups that sought to empower poor rural women, into one of the world's largest institutional platforms for the poor. Today, 67 million Indian wornen are members of six million SH Gs. There's alot we can do to level the field for women through our everyday actions whether its recognising and removing unconscious biases, being vocal supporters of gender equality, questioning stereotypes but most importantly supporting women to evolve into future leaders. International Women's Day every year brings us an opportunity toreaffirm our commitmenttoequality. Keeping true to UN Women India's theme of Gender equality today for a better tomorrow, our campaign, #KiswSeKamNahi applauds, acknowledges and celebrates the contribution of women and girls from diverse backgrounds. On 8 March. And every day. (LJ | The authoris Country Representative, UN Women India 26March2022 | BW BUSINESSWORLD | 95